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Asian economies slowing: Macquarie

AS THE fallout from the European sovereign debt crisis continues, analysts have turned their attention to a slowdown in Asia with Macquarie downgrading its growth expectations for the region, which spells bad news for Australian miners dependent on Asia’s insatiable appetite for raw materials.

MiningNews.Net
Asian economies slowing: Macquarie

In a note, analysts from Macquarie Private Wealth warned of domestically driven slowdowns in the economic powerhouses of China and India as well as a slowing Asian export cycle next year. The investment...

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