Thank you very much for the invitation to address the Australia-China Relations Institute. It is an honour for me to be here with so many China experts. What happens in China is important to Australia, and to the broader global community. This is as true in the world of economics as it is in other areas. So we all have a strong interest in understanding China. For some years now, China has been Australia's largest export destination. This is likely to remain so for the foreseeable future. China's share of global GDP is also likely to continue to rise as average living standards in China improve further. Given that ... (full story)