Despite fears about the Sars virus, Asian economies have been buoyant in the last two months, f...
Despite fears about the Sars virus, Asian economies have been buoyant in the last two months, fuelled by growing consumption in economies such as China and Thailand. Michael Deakin, chief investment officer at Insight Investment, says: 'Even though the impact of Sars remains unclear, GDP growth within the region remains strong, particularly in China.' In the short term, Deakin feels growth might be dampened by the effects of the Sars outbreak but is fairly confident these effects will be diluted and the long-term economic fundamentals remain robust. Asia's high growth rate is supp...
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