Uncertainties lie ahead: Outlook 2018 seminar
Biggest risk for markets is a shift in global monetary policy to a more hawkish stance
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Singapore
DESPITE global economies being on the mend and things looking smooth, speakers at a seminar cautioned against complacency as real uncertainties continue to lie ahead.
"The Chinese economy is slowing down and going through a much needed but difficult restructuring process, the outcome of which we still do not know," said Joseph Liow, dean of the S Rajaratnam School of International Studies at Nanyang Technological University (NTU). "Meanwhile, debt is increasing as Beijing pushes ahead with the Belt and Road Initiative (BRI). It is uncertain if the governance of state-owned enterprises, which will be at the forefront of the BRI, has robust governance structures."
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