International Monetary Fund: the slowdown in the Chinese economy could drag North Asia region into recession

Market news

26 October 2015

International Monetary Fund: the slowdown in the Chinese economy could drag North Asia region into recession

The International Monetary Fund (IMF) said last week that the slowdown in the Chinese economy could drag North Asia region, which includes Japan, South Korea, Hong Kong and Taiwan, into recession. The lender expects the region to expand 5.5% this year. It is the weakest growth since the global financial crisis.

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