What everyone overlooked in China’s GDP numbers
December
Note: This article appeared in Business Spectator on January 27 2015.
We’ve missed it.
China’s growth numbers for 2014 were released on Tuesday. But so far all the talk has been about them showing the economy expanding at its slowest pace in 24 years.
Still plenty of growth to come from China
December
Note: The online version of this article appeared in The Australian Financial Review on January 20 2015.
The World Bank and the IMF have cut their forecasts for Chinese growth. But with a trade deal in the bag, China still looks set to deliver for the Australian economy.
Benefactor no surprise
December
By Bob Carr
Note: An edited version of this letter was published in The Australian Financial Review, January 21 2015, p.33.
Dear Sir,
Your Rear Window columnist pretends to have a revelation when he writes that the think tank devoted to Australia-China relations (the Australia-China Relations Institute at UTS) receives a contribution from a Chinese benefactor.
Two points need to be made.
Banking on boost from China’s middle class
December
Note: This article appeared in the Sun Herald on Jaunary 16 2015.
It’s been a tough few years for the Victorian economy.
Why China remains our best hope to repair budget woes
December
Why all the worry about China?
December
Note: This article appeared in Business Spectator on January 13 2015.
China may not become the world’s largest economy after all.
Proof positive we prefer to pick our own battles
December
By Bob Carr
Note: This article appeared in The Australian on January 6 2015.
More proof of the common sense of the Australian people: they tend to get these things right.
China-Australia doomsayers overlook strong fundamentals
December
Note: This article appeared in The Conversation on December 10 2014.
Pop quiz: in 2014 the quantity of Australian iron ore demanded by China has: a) fallen sharply, b) fallen modestly, c) remained the same, d) increased modestly, e) increased sharply?
The answer in just a moment.
China’s Great Wall of finance comes down
December
Note: This article appeared in The Australian Financial Review on November 20 2014.
The world has become used to seeing China as one of the global economy’s brightest stars.
According to the International Monetary Fund, global growth has owed more to China than any other country in every year since 2007.
China’s workers must spend if economy is to gain steam
December
By James Laurenceson
Note: This article appeared in The Australian Financial Review on August 26 2014.
It's crunch time for China's economy. The country's long-term health requires a new model where growth is driven by consumption. The next few months should tell us whether China's leaders are able to pull it off.
Last week, we saw a snapshot of where growth driven by investment eventually leads. Overcapacity in the property sector has resulted in home prices falling in most cities for three straight months.