Nov. 23 – Among emerging Asian countries, China, India, and Indonesia appear to be in a fairly strong position to withstand the fallout from the volatile global economy while Malaysia, Mongolia and Thailand seem too vulnerable to cope with an external shock, Fitch Ratings said in a report released this week. In the report “Emerging Asian Sovereign Pressure Points,” the credit rating agency estimated the potential exposure of emerging Asian economies to the global downturn triggered by the European Sovereign Debt Crisis still looming over the Eurozone. Balance in trade, flexibility of government policy, and emerging Asia’s performance in dealing … Continue reading →