Asia feels the pinch from China’s stalled recovery

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“Europe is a basket case at the moment, and what matters is Asia – and for some reason, Asia is not very active either.” AMP chief economist Shane Oliver said a protracted slowdown in Chinese import demand would have a negative effect across the Asian region. “India is less affected, but countries like South Korea, Taiwan and Singapore are all affected by what goes in China,” Mr Oliver said. Third month of falls It was the third straight monthly fall in exports and the fifth straight monthly fall in imports. Economists said it showed tighter semiconductor embargoes against China were...