ING Barings says domestic demand needed to boost Asia

Quality of local markets will be important for stimulating Asia''s economies in 2002.
October 09, 2001
China, Hong Kong, Indonesia, the Philippines and South Korea are the Asian economies most likely to see better growth when the US economy bottoms out at the end of the first quarter in 2002.

That is the verdict of Tim Condon, chief economist for Asia with ING Barings, who was addressing journalists at a press briefing in Hong Kong yesterday.

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