Reserve Bank of Australia Governor Lowe spoke yesterday: RBA's Lowe says China risk is among the largest economic risks to Australia
Australian Financial Review with a piece on his speech:Philip Lowe on why the RBA is watching China's debt mountain so carefully
- Lowe has appealed for calm over Australia's increasingly troubled political relationship with China
- Warning that its ballooning debt mountain and opaque financial system pose a threat to prosperity here
- Lowe said it was important to build understanding, connections and multiple lines of communication
Lowe is way behind on this, Tom Jones warned of it back in 1999, unless I am mistaken: