China could learn from Australia's financial reform, RBA paper finds
Economists consider relevance of Australian example for China
Australia serves as a demonstration of the "potential catalytic effects" the Chinese economy could experience if its authorities liberalise its economy as part of the country's wider financial development, according to research published by the Reserve Bank of Australia (RBA).
In the discussion paper, Financial Reform in Australia and China, Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright acknowledge that China faces markedly different domestic and global circumstances
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