This article has been written by expert contributor Vanguard Australia
China’s and Australia’s economies are in some ways on opposite trajectories.
China’s and Australia’s economies are in some ways on opposite trajectories. Monetary policy rates continue to climb in Australia amid sticky inflation. A recent interest rate reduction in China, meanwhile, is unlikely to stoke demand. One attribute they’ll likely share: a slowdown in growth for the rest of the year.
China’s gradual economic healing
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The above material has been republished with the permission of Vanguard Investments Australia Ltd.