China’s slowdown is rattling Asian economies
Governments are rushing to limit the damage
Bali, a holiday destination in Indonesia, and Busan, a port in South Korea, are not easily confused. The former produces little industrial machinery; the latter falls short on year-round tropical weather. But the two have something in common. They are among the regions of Asia now imperilled by the less-than-impressive reopening of China’s economy, and the prospect of a prolonged slowdown.
This article appeared in the Finance & economics section of the print edition under the headline “Damage control”
Finance & economics September 9th 2023
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