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chinese economic growth and american empire growl.....

September 27, 2024 - 07:14 -- Admin

Treasurer Jim Chalmers says China's continued economic growth is in Australia's interest, as the world's second-largest economy struggles with an ongoing real estate crisis and low confidence among everyday Chinese consumers.

Mr Chalmers is in Beijing to co-chair the first Australia-China Strategic Economic Dialogue (SED) in seven years, alongside Zheng Shanjie from China's National Development and Reform Commission (NDRC).

During his two-day visit, the treasurer is seeking to better understand the challenges facing the Chinese economy, and with Beijing being Australia's largest trading partner, how those challenges might in turn affect Australia's economy.

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