Imports by Asian Economies Plunge

Discussion in 'Wall St. News' started by Stockolio, Feb 26, 2019.

  1. https://www.cpb.nl/en/worldtrademonitor


    Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, after having already plunged in November, according to data released on Monday by CPB Netherlands Bureau for Economic Policy Analysis, a division of the Ministry of Economic Affairs.

    For November and December combined, imports by China and other Emerging Asian Economies plunged 13%, the steepest two-month plunge since November and December 2008 (-18%). In point terms, it was the largest plunge in the data going back to 2000.

    9 out of the top 10 least affordable Price To Income Ratio in 2019 are in Asia…

    1-Hong Kong 49.42
    2-China 29.98
    51-Japan 11.25
    81-Canada 7.66
    92-United States 3.58