Emerging Asia Economics

Emerging Asia Economic Outlook

11 July, 2018

Trade war not the only headwind to Asian growth

In the event that rising trade tensions lead to a significant fall in US imports from China, it would have a sizeable impact, not just on China, but also on other countries such as Taiwan and Malaysia which export a lot of intermediate goods to China. Even if a full-blown trade war fails to materialise, GDP growth across Emerging Asia is likely to slow steadily over the next year, with weaker export demand set to offset the boost from looser fiscal policy. The outlook for monetary policy is mixed

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