S&P (Standard and Poors) said majority of the Asia economy is able to withstand the US economy slow down impact. Only export dependant economy like Taiwan, Thailand and Sri Lanka could be affected. Asia country's credit rating is in no danger of down grading.
China demand and individual country domestic demand should buffer the US slow down impact. The major risks to Asia economy are energy and food prices, credit squeeze and possible Euro zone slow down.
Wednesday, 30 January 2008
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