INTRODUCTION
Economic Relations
recovery; and if the rest of the world’s economy is to get healthier, quicker – then it too needs China to have its fundamentals right. A key risk to the outlook in China is the rapid
growth in loans, which is generating inflationary pressures. While a snapshot of the Chinese economy does present some different colours in the economic forecast, a wider angle picture of Chinese progress is penetratingly black and white – over the past 30 years growth has averaged 10 per cent.
AUSTRALIA’S FINANCIAL SERVICES SECTOR: A NEW FRONTIER OF TRADE While the trading relationship today is still a story dominated by the resources, construction and manufacturing headlines, Australia now has a sophisticated and advanced financial services market that contributes over 10 per cent of GDP to the Australian economy. This is more than mining and more than manufacturing. Australia has some advantages over financial
services hub competitors: “ the nation has an educated and mobile workforce; “ there is political stability; “ Australia‘s macroeconomic policy framework has a proven success;
Assistant Treasurer Bill Shorten addresses the Oceania China Future Forum at the University of NSW in December 2010.
“ the legal and regulatory framework is sound; and “ there is a strong corporate governance culture.
Exceptional Commitment
Logistics from a different angle Your markets are evolving and your supply chain needs and expectations are changing. Meanwhile your demand for an efficient supply chain remains and grows.
At CEVA, our supply chain experts are committed to building strong and lasting partnerships with our customers. Our teams bring specific sector knowledge with them and work closely alongside you to deliver effective solutions and
generate efficiencies for your business. This is how we will work together to transform your supply chain.
Isn’t it time to see your supply chain from a different angle? We think so. Find out more about transforming your supply chain at
www.cevalogistics.com or call us on +61 3 9931 9900.
Australia China: BEYOND TOMORROW 15
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