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Asia's Decent Place in World's Economy After Pandemic

Andrew Tilton, the chief Asia economist at the investment bank, said Asia is in the best status in terms of restoring economies compared to other continents in the worlds. This placement comes as a result of managing the situation after the coronavirus; exceptions include India as well as some regions in southeast Asia. He said China is slow-moving as stimulus plans didn’t focus on income replacement. He added the country has, however, shown a good performance to fight the virus. Tilton emphasized there’s an acceptable global momentum after the lockdown imposed due to the pandemic. He continued latest purchasing indicators saw an improvement from a month ago and the industry sector's growth is still reasonable. Samira H.
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By Samira Hassanzadeh on October 19, 2021

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