China Debt Greatest Risk To Australia says RBA

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TradersCom
Keymaster

[quote=”Helmholtz Watson” post=6603]Overnight The World Bank with their latest China Economic Update
Leaves its estimate for China GDP growth unchanged:
6.5% 2018
6.3% 2019
– Sees drags from tighter policy and trade ‘moderation’
– Sees gradual growth slowdown still[/quote]

If they maintain these rates than that is healthy as they transition – Australia’s issue would be if dramatically slows down