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Xinhua Asia-Pacific news summary at 0600 GMT, June 21

SYDNEY — Governor of Australia’s central bank, the Reserve Bank of Australia (RBA), Philip Lowe has pushed back against fears that Australia is headed for a recession due to rising inflation and cost of living pressures.

Speaking to the American Chamber of Commerce in Australia (AMCHAM) in Sydney on Tuesday, Lowe acknowledged that Australia, like many other nations, was experiencing the highest rates of inflati