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But economic growth has been too slow to give jobs to the million Indians entering the labor market each month, and unemployment is reportedly at its highest since the 1970s.

But a new report out this week suggests that number is far too low. The study concluded that it would require about 0 million a year, conservatively, to solve the homelessness crisis in King County. The consulting firm McKinsey and Company originally launched the report in partnership with the Chamber but the business group is no longer affiliated with it, Crosscut reports.

But it remained above the 50-point mark that separates expansion from contraction for a 27th consecutive month.

But it also warns of potential obstacles, including "significant differences" between the political and economic systems of China and the EU.

But not every choice Australia makes in the technology space will align with China's interests. The 2018 decision to block Chinese telecommunications company Huawei from being part of Australia's 5G rollout on national security grounds is a case in point.