With a gloomy growth picture in the west, is it time to look east to boost growth potential?
By Joseph Hill, Senior Investment Analyst, Hargreaves Lansdown: 2022 was a difficult year for many Asian markets with a combination of slowing growth, rising interest rates and a strong US dollar posing challenges. But with the IMF forecasting growth of 4.6% for the region in 2023, compared to global growth of 2.8%, the prospects look brighter. While Asian markets are often lumped together, they can behave quite differently. Some countries in the region are rich…
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