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Slower growth seen in Malaysia due to US-China trade dispute


The research house added that the likely escalation of trade tensions in the second half of 2018 would act as a drag on exports in Malaysia, Indonesia and Thailand, which will, in turn, weigh on growth.

The research house added that the likely escalation of trade tensions in the second half of 2018 would act as a drag on exports in Malaysia, Indonesia and Thailand, which will, in turn, weigh on growth.

PETALING JAYA: The ongoing United States-China trade dispute is expected to result in a slowdown in average real gross domestic product (GDP) growth, as well as weigh on exports for Malaysia, Indonesia and Thailand over the coming quarters.

Fitch Solutions Macro Research said the downside pressure, however, may be partially offset by increased government subsidy spending and other policies aimed at improving the purchasing power of consumers, in order to support private consumption growth.

Economy , Corporate News , emerging markets

   

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