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South-east Asia's economic growth 'to stay at 4.5% next year'

ICAEW, with partner Oxford Economics, says in report that US-China trade tension remains high

Published Thu, Dec 5, 2019 · 09:50 PM
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Singapore

SOUTH-EAST Asia's gross domestic product (GDP) growth will likely remain at 4.5 per cent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, British advisory firm Oxford Economics said on Wednesday.

Even though the US and China are talking again, it is still too early to break out the champagne.

Sian Fenner, Institute of Chartered Accountants in England and Wales (ICAEW) economic advisor and Oxford…

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