Europe is pallid APEC Asia-Pacific Economic Cooperation is in a deep hole the future for Australia lies in its engagement with Asia. Thus spake the Hon Paul J Keating, former Prime Minister of Australia, preaching, I suspect, largely to the converted a group of 300 or so Hong Kong-based business people, many from Australia.
Keating spoke to the assembled throng on the way Asia is changing and the new challenges it faces, and Australias future in Asia.
He himself was always among the optimists who thought recovery would come quickly post-Asia crisis he is particularly impressed with Chinas transformation in the last few years, and what he calls its commitment to...