RBA's Stevens on China's expansion

Glenn Stevens, the governor of the Reserve Bank of Australia, on Thursday said China's economy would continue to grow at an extraordinary rate for a long time unless something substantial curbed its expansion.

At the American Australian Association 2011 Annual Spring Lecture Lunch in
New York, Stevens said: "The rise in the importance of the Chinese economy is extraordinary. Other countries in the Asian region have also shown solid rates of growth over this period, but the size and pace of change

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