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New China data contains a mixed bag of risks

October 19, 2018

HONG KONG - China's GDP growth slowed to a post-global financial crisis low of 6.5% y/y in Q3, and is expected to moderate further in Q4, according to ANZ Bank's base scenario. China's GDP growth has tended to be weaker in Q3 in the past three years.

In a research note, ANZ says the 1.6% q/q growth registered in the quarter makes it the slowest Q3 since 2015, suggesting an actual decline in economic activity which cannot be explained by seasonality.

How protectionism impacts on the trade partners of targetted countries

October 17, 2018

PARIS - In a report published today, global credit insurer Coface said increased protectionism is affecting a large number of economies - both advanced and emerging. It says use of import tariffs by the US has doubled since 2009, with a sharp increase between 2016 and 2018. Nevertheless, these tariffs still only account for one-sixth of protectionist measures in place worldwide, Coface says.

Tsai pledges to build a stronger Taiwan in National Day address

October 11, 2018

TAIPEI – In her Double Ten National Day address, Taiwan’s President, Tsai Ing-wen, has vowed to build a stronger Taiwan by boosting national security, economic competitiveness and the social safety net. In the face of dramatic changes in international politics and economics, and the expansion of China’s influence, Taiwan would pursue a strategy of stability, adaptability and progress rooted in national strength, Tsai said.

New order about to take shape on Korean Peninsula, says South Korea’s Moon

October 8, 2018

SEOUL - U.S. Secretary of State Mike Pompeo’s visit to North Korea has helped create an atmosphere and conditions for a second U.S.-North Korea summit to be held at an early date, according to South Korea’s President, Moon Jae-in. “A new order is about to take shape on the Korean Peninsula and this will lead to a new order in Northeast Asia,” he told a weekly Cabinet meeting.