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China slowdown a drag on Asia's rapidly expanding economies

Among the economies most vulnerable to Fed rate increases and subsequent capital flight are Indonesia and Malaysia, where foreign currency borrowing rose even as their local currencies weakened.

Hong Kong

FOR years after the 2008 financial crisis, Asia's rapidly expanding economies propped up global growth, with China clocking a pace of more than 9 per cent, pulling along its neighbours.

Now, China's continuing slowdown is dragging them too, exposing weaknesses across the...