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Australians are the richest in the world

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Submitted by Financial Adviser on Sat, 10/13/2012 - 10:40

Australians have the world’s highest median worth and the Asia-Pacific topped Europe as the largest wealth-holding region, according to Credit Suisse Group AG. (CSGN).  The Credit Suisse Global Wealth report 2012, which measured the wealth of 4.6 billion adults globally.

For the love of Beer

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Submitted by Financial Adviser on Sat, 09/01/2012 - 23:19

Consumption peaked in 1976 at 151 liters per capita, the highest in the world at the time, but then began its relentless multi-decade decline to a ridiculously low 107 liters in 2010. Well, ridiculously low for Germans. Only the Czechs drink more: 

China Said to Propose Keeping Limit on Loans

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Submitted by Financial Adviser on Fri, 06/22/2012 - 15:56

Recap: Painful Day for the Markets

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Submitted by Financial Adviser on Fri, 06/22/2012 - 14:19

China Lowers Entry Barrier for Overseas Investors

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Submitted by Financial Adviser on Thu, 06/21/2012 - 13:33

Top Headlines: China Is Said to Pledge $43b for IMF

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Submitted by Financial Adviser on Tue, 06/19/2012 - 14:09

China's economy: Hot or not? - Decoder

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Submitted by Financial Adviser on Wed, 06/13/2012 - 19:18

China’s New Loans for May Exceeded Estimates

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Submitted by Financial Adviser on Tue, 06/12/2012 - 10:49

China Trade Signals Domestic Stimulus Focus

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Submitted by Financial Adviser on Mon, 06/11/2012 - 15:52

China's next boom

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Submitted by Financial Adviser on Mon, 06/11/2012 - 15:06
Over the past 10 years, strong exports of iron ore to China helped sustain the country's spectacular growth levels. It was the China growth story that helped countries like Australia stave off the full impact of the global financial crisis.
 
Last year, Australia exported around $44 billion worth of iron ore to China, netting the country (and the miners) some healthy income.
 
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