Australia’s Treasurer Heads to China
Australia Treasurer Visits Beijing, Discusses Trade, Investment and Recent Stimulus
SYDNEY (Reuters) -Australia and China agreed to cooperate further on investment, trade and decarbonisation, Treasurer Jim Chalmers said on Friday during a rare visit to Beijing where he praised the recent stimulus packages announced by China.
Australian treasurer embraces China’s new stimulus efforts
Last week, China announced a series of new measures to boost the economy and revive its ailing property sector. The central bank lowered bank reserve requirements by 0.5% as of Friday. It also has slashed interest rates on its loans to commercial banks and lowered the minimum down payments for some mortgages.
Australia’s treasurer will visit China this week in the latest sign that bilateral ties are mending
Australian Treasurer Jim Chalmers will become the first government minister from Australia in that key economic role to visit China in seven years.
Australia’s Treasurer Heads to China as Fears Grow Over Slowdown
Australian Treasurer Jim Chalmers will kick off a visit to China on Thursday, the first by the nation’s top economic decision-maker in seven years, as concerns in Canberra grow over the potential impact from a far-reaching slowdown in its top trading partner.
Australia Treasurer to travel to China this week
Australia Treasurer Jim Chalmers said he would travel to China this week for talks with Chinese counterparts, the first such visit by an Australian Treasurer in seven years.
Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit
Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt Australia. Chalmers was wrapping up a two-day visit to Beijing,
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