Singapore Stock Market News
Asia reeling from triple threat
StockFanatic
Publish date: Mon, 22 Jul 2013, 11:32 AM
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In a time of less uniform recovery in advanced economies, China's new
normal of slow growth via a self-imposed economic rebalancing as
well as the rise in oil prices (if culminating into oil shocks) will weigh
on Asia economies.
A deeper export slowdown already dragged down
Asia's growth in 1H13 although it was counteracted by the internal
strength of consumption and investment expansion. Can Asia weather
the persistent external forces, including the Fed's exit tantrum, which
resulted in the recent swift and widespread global financial market
reaction when the Fed uttered the word "taper"?
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