By Andrea McNee, an investment director at Britannic Asset Management Asian markets have rallied...
By Andrea McNee, an investment director at Britannic Asset Management Asian markets have rallied strongly from their lows and many commentators are suggesting that this really could last until Chinese New Year. The recovery in the US economy post-11 September gave way to a fear that Asian export growth would slow to a very modest pace in 2003. Likewise domestic demand in Asia would also lose momentum. Economists and company analysts alike reviewed and cut forecasts, with downgrades peaking in September/October. The technology sector in particular felt the pain, with recovery p...
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