Home Views Commentary

The risks that really matter for the region

Manu Bhaskaran
Manu Bhaskaran11/17/2017 12:40 PM GMT+08  • 2 min read
The risks that really matter for the region
SINGAPORE (Nov 17): The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 17): The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises.

With the immediate threats to economic growth allayed, however, new risks are appearing.

Media reports have focused on geopolitical risks such as North Korea, but there are growing financial risks as well as a cloud of concern over the global trade regime that is so vital for regional economies.

However, there is not much to worry about a nuclear war for now, but US-China relations will certainly come under strain in the coming months as if the US were to really hurt North Korea it would have to target Chinese banks and companies that are North Korea’s main source of vital finance and materials.

So, here are the three key risks that really matter.

First, the rising chance of conflict in the Middle East that could send oil prices soaring.

Second, financial risks could be triggered if the global economy does a lot better than expected.

Third, Asian exporting nations running large trade surpluses with the US should expect more trade tensions with it in the coming year.

But how exposed are regional economies to the risks?

To find out more, subscribe to issue 806 of The Edge Singapore (week of Nov 20) now.

Click here to subscribe online now

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.