Consumers can revive China’s economy, says Kevin Rudd
Hans van LeeuwenEurope correspondent
Updated
Davos | China’s economy is not headed for permanently slower growth, says former prime minister Kevin Rudd, who reckons Chinese consumers and businesses can drive faster expansion – if they get their mojo back.
But Mr Rudd also warned that geopolitics could “pull the floor” from underneath China’s growth model, if the recent detente between the United States and China did not last.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
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