Robert Barber When Cyclone Pam, an extremely destructive category 5 storm, crashed into Vanuatu at the weekend, it wreaked havoc killing at least 50 people. China was quick to join the South Pacific’s traditional financial guardians Australian and New Zealand in offering aid. According to the Australian Bureau of Meteorology three tropical cyclones were active
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Michael Sainsbury Crikey, crikey.com.au, March 13, 2015. Andrew “Twiggy” Forrest’s Fortescue Metals Group will need to move soon if it’s to avoid serious financial strife caused by the ongoing downturn in the global iron ore market. The world of Fortescue Metals Group can be a strange place. It is seeking to raise $2.3 billion
Since the fifth generation leadership team of the Chinese Communist Party assumed office three years ago they have taken drastic steps to curb freedom of expression and overpower religious and civil organisations not sanctioned by the Party. The Weiquan movement is a group of human rights lawyers, Beijing has arrested many of its leading lights including the well-known Pu Zhiqiang.
Australian businesses, media and government are slowly coming to the realisation that China’s booming economy is not going to be the answer to economic woes Down Under. The Chinese government this week sounded yet another warning bell on the country’s troubled economy with a second interest rate cut in four months, the latest attempt to
Despite the optimistic posturing of Australia’s Reserve Bank governor Glenn Stevens, China’s economy is in trouble, and it’s time for Australia to readjust its policies to recognise the looming downturn. Australians, led by Treasurer Joe Hockey, will be hoping that, in the run-up to Chinese New Year, Australia’s Reserve Bank governor Glenn Stevens didn’t reveal