www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China will escape middle income trap: Former Australian PM

(Xinhua) Updated: 2016-08-31 11:12

SYDNEY - China will escape the middle income trap over time as it deals with the "hangover" of stimulus measures introduced to combat the global financial crisis, former Australian Prime Minister Paul Keating said.

China is currently unwinding overcapacity in the industrial sector, funding inventories and dealing with the overleveraging that came out of the fiscal stimulus post the global financial crisis but it's a balancing act, Keating, who is an advisor to the China Development Bank, told an audience at the University of Technology, Sydney (UTS) on Tuesday night.

"The Chinese are now quite mechanically working their way through the overhang of the (global financial crisis)," Keating said in a conversation with eminent Australian journalist Kerry O'Brien, hosted by the Australia-China Relations Institute (ACRI).

"These sorts of changes are important on the pathway to the higher order economy.

"I think they'll get there. It may be messy, it may be a bit slower, but they'll get there."

Keating said China will become a tertiary economy, a research and development economy not based on Western technology, as evidenced by the e-commerce platforms spurring the consumer economy.

"We're going to see a massive shift from state owned enterprises to private enterprise in China by way of the connectivity of the internet and open sourcing," Keating said.

Australia has the ability to maximize the opportunities afforded by China's consumption economy, Keating said.

Keating said China's rise as a strategic power is in a context where it wants an international political system that isn't exclusive.

"What China wants to see is a new international economic and political order which is not part of the order produced by the victors of World War II," Keating said, adding China is not seeking hegemony but a "democratization of the international system" where it is not managed by any one state.

"The Chinese are smart enough to know there can never be one power in the world ever again."

Thus Australia needs a nuanced foreign policy to manage its strategic position and not get caught up in the U.S. ambition to maintain hegemony in the Asia Pacific, Keating said, adding becoming a member of the Association of Southeast Asian Nations (ASEAN) would be important.

"(Australia's) membership of ASEAN would make a great difference to ASEAN, and would give us a home," Keating said.

"It's in (Australia's) interest to see ASEAN succeed," Keating said, adding membership allows Australia to maintain its waning influence while preserving the opportunities afforded in Asia.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 在线看片 在线播放 | 喷潮白浆直流在线播放 | 国产亚洲国产bv网站在线 | 亚洲国产精品看片在线观看 | 91情侣高清精品国产 | 亚洲精品91香蕉综合区 | 中文字幕乱 | 九九视频在线观看视频6 | 久久精品国产99久久72 | 欧美特黄特色aaa大片免费看 | 偷拍小视频99在线 | 一级做a免费视频观看网站 一级做a爰 | 欧美成人性生活视频 | 九草在线免费观看 | 欧美aaaaa激情毛片 | 欧美激情国产一区在线不卡 | 国产精品久久久久一区二区三区 | 欧美性妇 | 精品三级网站 | 国产一区二区三区在线观看精品 | 一级大黄美女免费播放 | 亚洲高清免费视频 | 欧美综合视频在线 | 国产一区二区三区欧美精品 | 国产精选在线播放 | 欧美在线成人午夜影视 | 激情宗合| 伊人久久在线视频 | 亚洲视频免费在线观看 | 好妞操 | 香港全黄一级毛片在线播放 | 久久综合丁香 | a爱视频 | 特级做a爰片毛片免费看一区 | 亚洲成a人一区二区三区 | 久久色精品 | 神马国产 | 国产日韩欧美自拍 | 国产欧美在线播放 | 男人天堂avav | 久久亚洲精品一区成人 |