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AAP
AAP
Politics
Dominic Giannini and Andrew Brown

Australian optimism tempered over Chinese stimulus

It will take time for China's massive stimulus measures to benefit Australia's economy. (Darren England/AAP PHOTOS)

Massive economic stimulus to prop up China's flailing economy is being welcomed but there are warnings Australia won't immediately realise the flow-on effects.

Weak Chinese growth is a major concern for Australia's bottom line and another round of feeble manufacturing data has reinforced Treasury predictions the next three years will be the worst since the Asian superpower opened up its economy in the 1970s.

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