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Asia Braces for Rising Protectionism From US, Europe

Export dependent countries in Asia are growing increasingly concerned that the growing populist anger in the U.S. and Europe against perceived unfair trade policies could lead to a global economic slowdown. “Rising protectionism could throw sand in the wheels of the global trading system and so start to gum it up,” said Frederic Neumann, a managing director of the HSBC Bank’s Asian economics research in Hong Kong. Voter frustration with the job losses in industrialized countries due to...

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