Rock bottom: Are we there yet?

We asked readers last week to share their outlook for second-half growth in Asia, which prompted some cheering signs of optimism despite the gloom.

Rock bottom: Are we there yet?
Falling prices are good for some (AFP)

When we asked readers at the start of the year about their outlook for 2012, the most popular response was that “growth will be even worse than expected”. As we wrote at the time, growth estimates at the start of the year were 7% for the region and 8.6% for China. Our readers were right on the money.

Having established a flawless record in economic prediction, we decided last week to...

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