The Chinese government is curtailing outbound investment. While this will affect the Australian property industry, the rest of the economy should be unaffected.
- Lecturer in Law, Monash University
China’s transition to a consumer-based economy offers opportunities for private investors, but more financial reform is needed to open them up.
The 100 basis points cut by the People’s Bank of China is as much as about containing unregulated credit within China as a bolster to slowing growth.
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