Asia’s Stifled Services
The eurozone crisis has dominated policy discussion over the last few years, but the economic slowdown in Asia’s two giants – China and India – has become a growing source of public concern as well. Maintaining growth in the face of a global slowdown is a daunting task, and it requires rethinking the future of “factory Asia.”
MANILA – The eurozone crisis has dominated discussion among policymakers over the last few years, but the economic slowdown in Asia’s two giants – the People’s Republic of China (PRC) and India – has become a source of growing public concern as well. How worried should we be about an additional drag on the global economy?