Asian Development Bank latest with specific concerns on economic risks from China – US trade tension and potentially disorderly Brexit.
Developing Asia (45 countries in the Asia-Pacific region) expected to grow 5.7% in 2019
from projected 5.9 %in 2018 & 6.2% in 2017
2020 forecast 5.6%, slowest since 2001
Both Bloomberg and Reuters have run downs on the ADB’s Asian Development Outlook report if you’d like more.
Note this:
- Exchange rate volatility can be problematic, particularly for nations that rely on dollar debt.
We’ve seen this already.