Asia Markets Fall _ US Recession Fears
Published / Last Updated on 19/11/2008
Asia Markets Fall - US Recession Fears
Asian Stockmarkets have tumbled by nearly 7% in Japan and 5.5% in Hong Kng on the back on the Dow Jones hitting its lowest level in 5 years with fears of a US lead global recesion
The reality is that the Far East relies of Europe and the US for Export sales and if both sectors are moving to recession, it can only lead to an economic downturn on the area as not even China will create enough demand for other neighbours goods and services.
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