SINGAPORE is the third most vulnerable Asia Pacific country to a sustained trade slowdown in China after Hong Kong and Mongolia, according to a Moody's Investors Service report released on Tuesday. Read more at The Business Times.
SINGAPORE is the third most vulnerable Asia Pacific country to a sustained trade slowdown in China after Hong Kong and Mongolia, according to a Moody's Investors Service report released on Tuesday.
Moody's expects the largest deceleration in real gross domestic product growth in 2019 in Mongolia, Singapore, Korea, Vietnam and Hong Kong, as these economies are among the most trade-oriented and most reliant on Chinese demand.
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