Asia faces three main risks in 2022, says economist


Source: worldnewsera.com worldnewsera.com

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Passersby wearing protective face masks following an outbreak of the coronavirus disease (COVID-19) are reflected on a screen displaying stock prices outside a brokerage in Tokyo, Japan, March 17, 2020. Issei Kato | Reuters Asian countries will face three major headwinds in the year ahead, according to Carlos Casanova senior economist, Asia at Swiss private bank UBP. “We have rising omicron cases. We have priced in slower growth in China at around 5%. And now, the Fed meeting minutes suggest that the pace of the tapering will be faster-than-expected,” he told CNBC “Squawk Box Asia” on Friday, adding that these...