RBA's Stevens sees closer Sino-Australian links

Over the medium term, the emergence of China and other countries such as India, will continue, and will offer opportunities for Australia, but China's emergence also presents challenges, said Glenn Stevens, the governor of the Reserve Bank of Australia.

Stevens said that if Australia was more integrated into China's expansion, it would be more exposed to the consequences of whatever might go wrong in that country. "So our understanding of how the Chinese economy works, and of what risks may be

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