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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