Dwindling hopes that Australia could dodge the fallout from China’s disastrous economic outlook were again dispelled on Monday as a series of ASX giants revealed how China’s three-D crisis – that’s debt, deflation and demographics – is weighing on earnings and strategy.
BlueScope’s Mark Vassella is a little perplexed there hasn’t been a bigger market reaction to China’s steel problems. David Rowe
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
