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Trade spat means Asian export economies are in for a rough ride, Fitch Solutions warns
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Fiona Lam
Published Tue, Aug 6, 2019 · 09:50 PM
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Singapore
ASIAN export-reliant economies such as Singapore, Taiwan, South Korea, Vietnam and Malaysia will be hardest hit by waning demand for Chinese-made products and supply chain disruptions amid escalating US-China trade tensions, Fitch Solutions Macro Research said on Tuesday.
This is because many of these exporters are deeply integrated with China's supply chains, supplying electronics, parts and machinery as inputs for Chinese factories, which then assemble and re-export electronic products to the US and other global markets.
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