
Investments
S&P lowers Asian GDP growth forecasts
Wednesday 26th of September 2012
“We have lowered our base case forecasts of 2012 real GDP growth by about half a percentage point for China to 7.5%; Japan to 2.0%; Korea to 2.5%; Singapore to 2.1%; and Taiwan to 1.9%,” S&P credit analyst Andrew Palmer says.
We have also revised our forecast down by about one percentage point each for: Hong Kong, to 1.8%; and India, to 5.5%. For Australia, the forecast is marginally...
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