I will conclude my talk tonight with two small but concrete examples of how intra-industry trade between Australia and China is developing. These examples are drawn from the Reserve Bank’s Small Business Panel, a meeting we have with small businesses originally designed to hear their views about finance, but now covering a wider range of topics.
Fifth – the administrative framework and overall effectiveness of administration in the country, in a given legal and institutional framework. Finally, by all accounts, in terms of both growth and stability, China and India, who do manage capital account rather actively, have performed exceedingly well in all the recent years.