Australian dollar ‘at risk of a slide’ as China’s economic troubles deepen

News Snapshot:

The Australian dollar hit a nine-month low against the US dollar today. Key points: The Australian dollar has hit a nine-month low The Australian dollar has hit a nine-month low There are growing concerns about the health of China's economy There are growing concerns about the health of China's economy Global investors are on edge as another major Chinese investment firm shows signs of stress It fell to 64.59 US cents before recovering in afternoon trade to 64.8 US cents. “The Aussie has fallen four weeks in a row, battered by the RBA’s dovish turn, angst over China and a...