With China’s slowing economy, Australia, well and truly tethered to this monster, should understand that the dangers of a hard landing seem to be rising, not easing as it had seemed.
Bank of china
China’s 800 billion yuan snatch and run scandal
In the last two decades an estimated 800 billion yuan (more than US$120 billion) has been pilfered by corrupt Chinese government officials, many of whom are fleeing the country, writes Xin Haiguang.
Maley: China’s thinning economic grip
Fears of a slowing Chinese economy added to the woes of global sharemarkets overnight, as investors fretted that the juggernaut of global economic growth could finally be faltering, writes Karen Maley.
The Economy: Boomtime continues… for now
So called “Underlying inflation” in the last two quarters has been 0.5 per cent, a downside surprise. What sort of underlying inflation number for June could get our central bankers off their bums in August?
