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Heightened political tensions have overtaken the eurozone debt crisis and US fiscal shock as the biggest threats to the developing economies in Asia, according the Asian Development Bank (ADB). While “austerity fatigue” in the euro area and “unresolved fiscal drag” in the US remain significant risks to developing Asian economies, escalating border disputes in the region pose the largest menace …
Read More »Eurozone slowdown no longer biggest threat to Asia growth
