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‘Living standards will suffer’: Australia’s bleak economic future revealed

Pelican Press

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‘Living standards will suffer’: Australia’s bleak economic future revealed

China’s slowdown and diversification away from *********** iron ore will have an impact on our economy, but experts differ on what it will mean for domestic living standards.

China’s economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth. On an annual basis, ****** domestic product (GDP) rose by 4.6 per cent in the three months to the end of September, according to China’s National Bureau of Statistics, short of the around 5 per cent target.

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