Guardian.co.uk, 18 Mar 2009, Reuters
HONG KONG, March 18 (Reuters) - Singapore and Taiwan will be emerging Asia's most battered economies this year as the global downturn spreads across the continent, while China will just miss its targeted 8 percent growth rate, a Reuters poll shows.
The poll forecasts gross domestic product in both Singapore and Taiwan will shrink 4.9 percent this year -- Singapore's worst year ever and Taiwan's weakest performance since data was first published in the 1950s -- as exports plunge and in turn depress local consumer confidence.
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