Asia and the US-led slowdown

- By FX Markets Staff
- @FXMarkets_
- 19 May 2008

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A year after the first headline reports of a US subprime crisis, it is possible to start weighing up the impact of the financial crisis and the US slowdown on the Asian economies. Hopes of a sufficient de-coupling by the region to protect it from the US-led slowdown have largely been dashed. However, the growth in Asia over the past two or three decades has afforded it some protection. In absolute terms, Chinese GDP is now around six times larger than in the mid-1990s, leading an expansion in

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