Thursday, April 20, 2017

China's Economic Impact Around Pacific Rim

China's economic growth to contribute $125b to Australian economy: Expert

CANBERRA — Strong growth of the Chinese economy, coupled with the Reserve Bank of Australia's (RBA) decision to cut interest rates to record lows, are expected to deliver a AU$165 billion ($125 billion) boost to the Australian economy, according to Deloitte Access Economics. Recently, China reported an annual growth rate of 6.9 percent for the first…