Information About Swift Programs Of Working Capital

HSBC’s outlook for broader Asia – including Australia and New Zealand – is grim, influenced by expectations for sluggish export demand, tightening financial conditions and weak capital expenditure. “It appears unlikely that exports will make a sustained recovery this year, or take over as a growth driver at a time when domestic demand continues to slow,” said Frederic Neumann, co-head of Asian economic research at HSBC, in the report. He pointed out declines in domestic demand resulted in intra-Asia trade beginning to sputter, while the demand for Asian exports in the West remained subdued. The possibility of the U.S., under President-elect Donald Trump , implementing protectionist policies could have an impact on Asian exporters. Trump has previously said he would renegotiate existing free trade agreements, including the NAFTA, and threatened to impose steep tariffs on Chinese imports. Commentators get more have expressed concerns of possible escalation of a trade war between the U.S.

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