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.
China trade to go beyond the boom
December
Note: This article appeared in The Australian Financial Review on June 14 2014.
Japan has a population of 128 million, China 1.4 billion. Japan’s economy is already mature. China only entered the ranks of upper middle-income countries in 2011, and the World Bank expects that the transition to a mature, high-income economy will take at least another 15 to 20 years.