China Building Boom Splits Australia Into Two-Speed Economy
Newly-developed residential properties stand in the Palmview suburb of the Sunshine Coast, Queensland, Australia. (Photographer: Lisa Maree Williams/Bloomberg)

China Building Boom Splits Australia Into Two-Speed Economy

(Bloomberg) -- A twin-speed economy is developing in Australia and posing a challenge for the central bank, as Chinese demand for iron ore buoys the resource-rich west while eastern states struggle...
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