[Economy] Turkey's currency crisis will hit its Asian trade partners, economist says2018-08-30 21:38:11Hit:314
- Writer하유성
- Linkhttps://www.cnbc.com/2018/08/17/turkey-lira-crisis-impact-on-asia-pacific-economies.html
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Written in Aug 30, 2018
Summary
- Six Asian countries are among Turkey's top 20 sources of imports - with China topping the list, IHS Markit
wrote in a report on Friday. The rest are South Korea, India, Japan, Malaysia, and Vietnam.
- India and Indonesia are two of the emerging markets more at risk to global shocks, the report said.
- Overall, Asian countries should be able to better weather external volatility because their domestic economies
are in better shape compared to five years ago.
Summary
- Six Asian countries are among Turkey's top 20 sources of imports - with China topping the list, IHS Markit
wrote in a report on Friday. The rest are South Korea, India, Japan, Malaysia, and Vietnam.
- India and Indonesia are two of the emerging markets more at risk to global shocks, the report said.
- Overall, Asian countries should be able to better weather external volatility because their domestic economies
are in better shape compared to five years ago.