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Economics: East Asia 2009
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23-01-2009, 10:59 AM
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Milkman
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Join Date: Dec 2005
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Posts: 15,362
We all know that the East Asian economies are slowing. Here's a graph.
Quote:
Asian economies
Published: January 22 2009 09:20 | Last updated: January 22 2009 20:02
Asian tigers are
losing their growl
. Economic growth is evaporating, jobs are disappearing and the continent is home to some of the world’s most unpopular leaders. The latest figures only highlight this fall from grace. China, the world’s third-biggest economy, grew at half its 2007 rate in the fourth quarter of last year, a “mere” 6.8 per cent. South Korean output, meanwhile, shrank by 3.4 per cent over the same period. Singapore believes its economy could contract by 5 per cent this year.
EDITOR’S CHOICE
Asian financial crisis deepens
- Jan-22
Editorial Comment: Only by spending can Asia save itself
- Jan-22
Interactive feature: Asia economic weather map
- Jan-22
Comment: China offers hope amid export gloom
- Jan-22
Data leave economists cautious
- Jan-22
Japan faces two years of contraction
- Jan-22
To continue reading this article,
Link:
FT.com / Lex / Macroeconomics & markets - Asian economies
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