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View on Trade Relations and Asia’s Economic Outlook

2024-03-19

View on Trade Relations and Asia’s Economic Outlook

2024-03-19
Albert Park, Chief Economist at the Asian Development Bank, says mainland China’s growth target of 5% is possible, but may be a bit optimistic. He goes on to say that strong export numbers this week are among the promising signs. Looking at the wider trade environment, he says there are concerns over US protectionism and how to handle the EU’s new Carbon Border Adjustment Mechanism.

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