BFM 89.9
The Business Station
Asia Offers Strong + Dynamic Growth In This Economic Cycle
8 mins·09:15, 9 Jul 2018
Asia Offers Strong + Dynamic Growth In This Economic Cycle
8 mins
·
09:15, 9 Jul 2018
·
Recommended
43 mins
On Friday US tariffs imposed a 25% duty on $34 billion of Chinese imports.
Julia shares some potential retaliation measures that could come out from China.
Nevertheless, she reckons the impact looks contained so far.
China has been restrained in its reaction and she sees a possibility for a compromise.
Even so, Julia expects continued volatility before any compromise is seen.
She points out that the Asian region is financially prepared for this.
Julia says, sectors potentially at risk in Malaysia are largely in manufacturing and tech sectors.
She has a neutral to positive outlook for the Ringgit and believes the local currency is "undervalued".
Presenter: Joyce Goh, Sharaad Kuttan, Tan Chung Han
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