Monday, October 8, 2012

The burning question: has Asia truly lost its mojo?





First the International Monetary Fund warned developing Asia to brace for shocks from the West. Then the Asian Development Bank (ADB) slashed its regional growth forecasts. Now analysts are concerned that Asia may have lost its mojo?


The European debt crisis and weakness in the United States have long been drags on Asian growth, but throw in China's difficult leadership transition and the outlook is grim.









via Business feed http://www.scmp.com/business/economy/article/1056034/burning-question-has-asia-truly-lost-its-mojo

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