Treasurer Chalmers Welcomes China’s Economic Stimulus, But Warns Of Delay In Benefits

Treasurer Chalmers Welcomes China’s Economic Stimulus, But Warns Of Delay In Benefits

Australian Treasurer Jim Chalmers has praised China’s massive economic stimulus package to boost the latter’s failing economy, but warned it will be some time before it starts benefitting Australia’s economy. The fall in demand for steel in China over the last few years saw the prices of Australia’s leading resource export — iron ore — … Read more

Treasurer Jim Chalmers To Make Historic Visit To China, Aiming To Strengthen Economic Ties

Treasurer Jim Chalmers To Make Historic Visit To China, Aiming To Strengthen Economic Ties

AFP Treasurer Jim Chalmers is set to make a historic visit to China this week, becoming the first Australian treasurer in this capacity in seven years, to ease bilateral tensions. Chalmers is China-bound to co-chair the Australia-China Strategic Economic Dialogue on Thursday alongside He Lifeng, Chairman of China’s National Development and Reform Commission to boost … Read more