Macroeconomic factors in Asia including the US-China trade war, Hong Kong’s political unrest and India tackling an economic slowdown, are likely to remain impediments to growth in 2020.
The US-China trade war is also impacting countries not directly involved, such as Singapore. Researchers at Edinburgh University predict a potential slowdown in global economic activity and Brexit uncertainty leading to reduced imports from Asia. Industry Voice: Asia - the next dividend powerhouse? Oxford Economics expects the region will have a slower economic growth rate this year than in 2018. This is all leading to a further reduction in the availability of traditional financing to the 271 million small and medium-sized enterprises in Asia. This is constraining their po...
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