| inbluevt | Date: Wednesday, 2013/07/10, 7:38 AM | Message # 1 | DMCA |
|
|
Private
Group: Blocked
Messages: 1024
|
China's June trade numbers shocked the world earlier today. Exports unexpectedly plunged 3.1%
year-over-year, missing expectations for a gain of 3.7%. Imports declined by 0.7%; economists were looking for a 6% increase.
Fears of a major slow down in China will have the country's major trading partners on edge.
The countries with the most exposure are obviously its Asian neighbors.
Here's Morgan Stanley on the Asian countries with the most to lose:China has played a key role in the region’s development over the last three decades. The region’s dependence on China has also increased sharply over the past five years as China emerged as a key source of end demand at a time when the US, Europe and Japan slowed significantly post the credit crisis. The slowdown in China’s growth will be transmitted to the rest of the region largely via trade and financial linkages.
Read more: http://www.businessinsider.com/major-e....e5vrSJp
Message edited by inbluevt - Thursday, 2013/07/11, 11:29 AM |
|
|
| |
| Teesus | Date: Wednesday, 2013/07/10, 12:20 PM | Message # 2 | DMCA |
|
|
Private
Group: Checked
Messages: 817
|
Thanks for that post Blue... we were sold the bill of goods about trickle down economics a long time ago and after 20 plus years we are seeing the results...
|
|
|
| |
Main 
