Tag Archives: Asia

Asian economies are reeling from global fall-out

An AFP story from Beijing says that Asia’s major economies reported a slew of gloomy news on Thursday showing the global crisis was hitting harder, as export-dependent nations feel the pinch from the worldwide slowdown: China’s economy slowed sharply in … Continue reading

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Shipping from Asia to Europe hits bottom

From telegraph.co.uk, a chilling story on 14 Jan 2009 about shipping rates hitting zero as the global recession bites in. Freight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records began, … Continue reading

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Asia not immuned to US slowdown

This is an excerpt from a report by the BBC on its website last Friday (8 Feb 2008): Wider problems Meanwhile, China, India and other East and South East Asian economies have experienced break-neck growth over the past few years … Continue reading

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