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Posted:
2017-07-27 02:39:54
Australia's gas exporters will need to adapt to the new normal of slow growth in demand for energy imports by China, a recent breakfast forum at the University of Western Australia heard.
And even China’s ambitious international infrastructure plan, the Belt and Road, was not guaranteed to deliver huge benefits to Australia.
Speakers at the breakfast included the BHP chair of economics, Peter Hartley, who said the growth rate of total energy use in China had dropped dramatically during the course of this decade, and was now well below that of GDP growth.
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