Treasurer Fears Struggling Chinese Economy Could Cost Australia Billions

Billions are at stake for Australia as China’s economy teeters, Jim Chalmers has warned.
Treasurer Fears Struggling Chinese Economy Could Cost Australia Billions
Australia's Treasurer Jim Chalmers at the National Press Club in Canberra, Australia on May 15, 2024. Tracey Nearmy/Getty Images
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The contraction of China’s economy will cost Australia billions of dollars in lost export earnings, Treasurer Jim Chalmers has warned in an opinion piece.

It was widely believed that Beijing’s decision, in late 2022, to end its draconian “zero COVID” policy would rapidly reignite the economy.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
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