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#1
11-01-2016, 06:00 AM
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China slowdown to hurt Singapore most in Southeast Asia
An honorable member of the Coffee Shop Has Just Posted the Following:
China is spore's largest export destination, taking almost 15 per cent of shipments. Malaysia, the Philippines and Vietnam will be less affected, Glenn Maguire, ANZ chief economist for South Asia, Southeast Asia and Pacific, said in a Jan 6 note, using a sensitivity index based on the past decade of data. Singapore's export-oriented economy is already feeling pain. Growth was 2.1 per cent in 2015, the slowest pace in six years, mirroring the slowdown in China. http://www.straitstimes.com/business...ia#xtor=CS1-10 Click here to view the whole thread at www.sammyboy.com. 
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