Radio Australia - Asia Pacific - AUSTRALIA: Canberra says Asia should stop investing in US (ABC Radio Australia)
Radio Australia - Asia Pacific - AUSTRALIA: Canberra says Asia should stop investing in US (ABC Radio Australia)
Australia says Asia should stop funding the U-S deficit and start investing in Asia. Treasurer Peter Costello says Asia is sending its savings to America at low rates of interest, and then paying higher rates when the money comes back as foreign investment.