Australia flags China’s debt mountain as risk to stability
Continent celebrates quarter century of growth but warns of challenges ahead
Scott Morrison, Australia's Treasurer: 'I am not forecasting any change in China but we are very practically minded of the vulnerabilities' © AFP
October 30, 2016
by: Jamie Smyth in Sydney
China’s growing debt mountain poses a risk to Australia’s financial stability, a senior politician has warned, just weeks after the continent celebrated a quarter century of growth without a recession.
READ MORE: https://www.ft.com/content/8475afbe-9cc2-11e6-8324-be63473ce146
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