Australian Treasurer Chalmers remarks:
visit of China’s Premier Li to Australia an important opportunitysays he sees underlying weakness in China’s economySays China’s economy won’t be recovering immediatelysays Australia’s economy is not going to experience stagflationcalls for quicker moderation of inflation
Not sure what Chalmers “calls for quicker moderation of inflation” means. Inflation doesn’t listen to politicians.
Anyway, yeah, China’s Premier is visiting New Zealand and Australia this week.
This article was written by Eamonn Sheridan at www.forexlive.com.
