Treasurer Chalmers says visit of China’s Premier Li to Australia an important opportunity

Australian Treasurer Chalmers remarks:

• visit of China’s Premier Li to Australia an important opportunity
• says he sees underlying weakness in China’s economy
• Says China’s economy won’t be recovering immediately
• says Australia’s economy is not going to experience stagflation
• calls for quicker moderation of inflation

Not sure what Chalmers “calls for quicker moderation of inflation” means. Inflation doesn’t listen to politicians.

Anyway, yeah, China’s Premier is visiting New Zealand and Australia this week.

This article was written by Eamonn Sheridan at www.forexlive.com.