Asian emerging markets risk financial instability: Amro

Singapore

ASIA'S emerging markets face a risk of financial instability, amid rising trade tensions and concerns about rising inflation, the Asean+3 Macroeconomic Research Office (Amro) highlighted in a note on Wednesday.

In 2017, Asian emerging markets gained from robust trade growth, against a backdrop of ample global liquidity and subdued global market volatility, said Amro. In the Asean+3 region - the 10 Asean economies along with China, Japan and South Korea - real GDP growth exceeded expectations at 5.6 per cent.