Why Australia shouldn't count on China for prosperity
You need to know about the news item last week announcing that a big international conglomerate was forced to sell one of its businesses in China.
Peter Hartcher is the political editor and international editor of The Sydney Morning Herald. He is a Gold Walkley award winner, a former foreign correspondent in Tokyo and Washington, and a visiting fellow at the Lowy Institute for International Policy. His latest book is The Sweet Spot: How Australia Made its Own Luck and Could Now Throw it All Away. His 2005 book, Bubble Man: Alan Greenspan and the Missing Seven Trillion Dollars, foresaw the collapse of the US housing market and the economic slump that followed.
You need to know about the news item last week announcing that a big international conglomerate was forced to sell one of its businesses in China.
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