THE DISTILLERY: China trials

Commentators track Chinese and Indian economic challenges and find some potential roadblocks for Australia.

Australian readers of many stripes have a noticeable interest in international stories on two particular themes – China’s economy and US presidential politics. On the former we’re interested because, either directly or indirectly, China’s economy does and hopefully will continue to help put bread on our tables. On the latter, we’re always keen to know, at least in passing, who the most powerful person in the world is and the spectacle that accompanied their ascent. As China’s economy cools and US politics heats up in 2012, Australians will be spoilt for choice. But why aren’t we that interested in China’s politics? The Australian’s Michael Sainsbury explains how the looming third leadership transition since the death of the Communist Party’s final Supreme Leader, Deng Xiaoping, will have significant ramifications for the Chinese economy. And speaking of stories that demand greater attention, another commentator details the steady decline of forecasts for India’s economy from New Delhi, with warnings of more bad news to come.

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