Entries from Pomfret's China tagged with 'Australia'
How Do You Say Hawley-Smoot in Australia and China?
I caught Australian Prime Minister Kevin Rudd's speech at the Institute of International Economics this week. In the speech, he said basically that all the world's efforts to get out our financial mess would collapse if we adopted protectionist measures. No brainer.
But I wonder if he's saying one thing and doing another. Reports from Australia indicate that two big Chinese-owned firms are having trouble acquiring two large Australian companies.
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