MALAYSIA’S economy, forecast by the government to expand by between 6% and 6.5% this year, will grow a shade slower if China’s overheating economy gets a much hoped-for respite, said Morgan Stanley managing director and chief economist Stephen Roach.
He said attempts by China’s central bank to put the brakes on its galloping economy, slowing it from the current 9%-plus growth rate to a more moderate 7%, would result in slower growth all round in Asia.
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