TITLE

East Asians Hardest Hit in World Crisis

AUTHOR(S)
Yew, Lee Kuan
PUB. DATE
June 2009
SOURCE
Forbes Asia;6/8/2009, Vol. 5 Issue 10, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of global financial crisis on the economies of Asian countries such as China, India and Japan. The majority of Southeast Asian countries rely on exports to the U.S. to lift their economies but in the first quarter of 2009 exports reduced by around 30%. However, it is believed that once American consumers start spending, exports from Asian economies will begin to grow again.
ACCESSION #
42314389

 

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