As one of Asia’s exporting powerhouses, South Korea is heavily exposed to the slowdown in global demand. Photo: Reuters

Asia’s exports slump to deepen as global economic slowdown hits regional powerhouses

  • Analysts say regional trade is heading for its lowest point since 2015, with US-China trade war pessimism adding to the fears over a global slowdown in demand
  • Slowdown may continue until April in China, Hong Kong, India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand
Topic |   China economy

TOP PICKS

As one of Asia’s exporting powerhouses, South Korea is heavily exposed to the slowdown in global demand. Photo: Reuters
READ FULL ARTICLE
The Industrial production growth data was below the 5.6 per cent expected by analysts in a Bloomberg survey. Photo: Reuters

China economy slows further as industrial output growth slumps to lowest in a decade

  • Industrial production growth slowed to 5.3 per cent in January and February compared to the same period last year, down from 5.7 per cent growth in December
  • Unemployment rate rose to 5.3 per cent in January and February from 4.9 per cent in December, according to the National Bureau of Statistics
Topic |   China economy

TOP PICKS

The Industrial production growth data was below the 5.6 per cent expected by analysts in a Bloomberg survey. Photo: Reuters
READ FULL ARTICLE