Singapore economy 3rd most vulnerable to sustained China trade slowdown
Moodys expects largest GDP growth slide in 2019 in Mongolia, Singapore and South Korea among 23 Asia-Pacific economies
Singapore
SINGAPORE is the third most vulnerable economy to a sustained trade slowdown in China after Hong Kong and Mongolia, according to a Moody's Investors Service report released on Tuesday.
The report examined 23 rated Asia-Pac economies to identify the countries that are the most vulnerable to slower growth in Chinese demand - based on the proportion of their exports that go to China - and which could gain from longer-term shifts in investment and trade connections.
TRENDING NOW
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg