Slower China growth desirable: Bernanke

Slower China growth desirable: Bernanke

AAP Slowing growth in China is inevitable and desirable, former US Federal Reserve chairman Ben Bernanke says. Dr Bernanke told the World Business Forum in Sydney geopolitical shocks remained the biggest risk to the global financial system, which was in better shape than before the 2008 crisis. "China can no longer grow based on its traditional model of exports, heavy industry and construction,"…

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