ECONOMY Asia Hit by Slowdown
Category:
Tourism, Posted:02 Jun 2012 | 09:52 am
Over the past few weeks an increasingly glaring spotlight is on Asia after volatility has hit regional currencies and the major stock markets.
Key to the mix has been a flattening in the vaunted big two economic engines – China and India.
Outward-bound action in a reversal of overseas capital could potentially impact domestic liquidity in Asia's marketplace.
While continued concerns over Spain, Greece and the fate of the Euro continue dominate a period of what could be sustained uncertainty.
One thing for sure is that no one is certain where the merry go around is headed to next.