Asia’s exports slump to deepen as global economic slowdown hits regional powerhouses

Asia’s exports slump is expected to deepen, with analysts saying regional trade is heading for its lowest point since 2015.

Amid a slowdown in global demand, Asian exports will continue to decline until at least April, according to an index compiled by Nomura Bank.

The index combines eight economic elements to predict exports three months in advance for China, Hong Kong, India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand and it shows a rocky road ahead.

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