Bbabo NET

Economics & Business News

Sorry to those who say China collapse: former Australian PM

Former Australian Prime Minister Kevin Rudd backed up China's economic model in a report released on Wednesday, rejecting the "China Collapse" theory recently advanced by United States scholar David Shambaugh.

On a Wednesday event in New York to mark the launch of the report "U.S.-China 21: The Future of U.S.-China Relations under Xi Jinping", the former prime minister argued that despite the challenges China's economy face, the vast energy of China's policy response would help the country overcome the difficulties.

Sorry to those who say China collapse: former Australian PM