China slowdown is now top concern of Asian treasurers
It replaces currency turmoil as the single largest worry, says JP Morgan survey
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Singapore
CHINA'S economic slowdown has replaced foreign exchange volatility as the single largest concern for company treasurers in the Asia-Pacific region, according to a survey by JP Morgan.
Companies are also less concerned about interest rates, and most plan to use excess cash for strategic purposes, JP Morgan found in its twice-yearly survey of treasurers.
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