Australia and most of Asia largely went through the financial crisis in 2008 with very few problems compared to the US/Europe and China as a deliberate policy h

Australia and most of Asia largely went through the financial crisis in 2008 with very few problems compared to the US/Europe and China as a deliberate policy has kept its financial system closed to itself, there are fewer ways for a recession to spread between China and the rest of the world in the same way it did during the financial crisis.