Diaalnews-pic
It’s not as dire for Asia as many thought. A few months ago headlines suggested China was about to stumble, tripped up by defaults and plunging confidence. Japan’s economy was pummelled by a hike in consumption taxes. India looked paralysed by political gridlock. Exports sputtered across Asia as the US took a dive. Australia watched aghast at tumbling iron-ore prices just as mining investment slowed and the new government stepped on the fiscal...

Continue reading