Australia's economic growth
MELBOURNE, 29 March 2011 – Australia’s exports to China and subsequent economic strength is perversely connected with poor economic policy in China, said Dr Geoff Raby, Australian Ambassador to China, at an Asialink - Asia Society AustralAsia Centre luncheon.
"It’s easy to talk about rebalancing the Chinese economy … but much more difficult to actually do so, particularly when China limits the number of instruments it has at its disposal," he said.
Dr Raby said that there’s a big gap between Central Government intentions and what actually happens on the ground, which has given Australia’s mining and energy sectors tremendous opportunities for growth.
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Listen to the full address
Dr Geoff Raby: Australia and China in for the long haul
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