The US Federal Reserve's series of interest rate rises are forecast to crimp post-pandemic recovery across the Asia-Pacific region, especially in developing economies, with the Fed seen to slow down exports and consumer demand, and further weaken Asian currencies.
The U.S. Federal Reserve s series of interest rate rises are forecast to crimp post-pandemic recovery across the Asia-Pacific region with the Fed seen to slow down exports and consumer demand, and further weaken Asian currencies.
Despite economic strains, Singapore has committed to pursuing green development goals, though experts said slowing growth should be considered in its long-term goal to decarbonize its economy.
President Xi Jinping's speech on Monday in which he pledged to embrace cooperation on jointly overcoming the COVID-19 pandemic and championing economic globalization has been hailed by global experts as forward-looking and problem-solving.
President Xi Jinping's speech on Monday in which he pledged to embrace cooperation on jointly overcoming the COVID-19 pandemic and championing economic globalization has been hailed by global experts as forward-looking and problem-solving.