You are here: Home - Uncategorized -

Asia may escape market slowdown

Written by:

Growth in the Asian markets is unlikely to slow this year, according to Alan Gibbs, manager of the Waverton Asia Pacific Fund.

Gibbs pointed out that, despite the impact the credit crunch has had on markets around the world, there has been no real sign of a serious slowdown in Asia. He said: “The infrastructure sectors across Asia and the Middle East seem likely to remain very strong through 2008. In China the authorities are still clearly intent on keeping a brake on growth through a combination of raised interest rates, increased reserve requirements, and, most important of all, central direction.”

Gibbs added that despite the Chinese government trying to reduce growth, consumption remains firm and the need to invest in power, rail and road networks will continue to build a strong economy. 

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Base Rate cuts threatened by value of the pound

The falling value of the British pound may influence the Bank of England’s decision to implement further cuts to the...