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The impacts of the global financial crisis are now rippling across the globe, diminishing the demand for a broad range of goods and services and therefore raising the prospect of hard landings in emerging economies dependent on exports. The case of China is illustrative of how the broader economic downturn created by the global financial crisis is reverberating in Asia. The views expressed in this publication are those of the author and do not necessarily reflect the policy or position of the East-West Center or any organization with which the author is affiliated. |
The impacts of the global financial crisis are now rippling across the globe, diminishing the demand for a broad range of goods and services and therefore raising the prospect of hard landings in emerging economies dependent on exports. The case of China is illustrative of how the broader economic downturn created by the global financial crisis is reverberating in Asia. The views expressed in this publication are those of the author and do not necessarily reflect the policy or position of the East-West Center or any organization with which the author is affiliated. |