The Trade restriction by USA effected few
Asian countries, however in totality Asian emerging economies benefited. As per
ADB latest Outlook indicated that Vietnam export increased 33 per cent to USA
and Bangladesh get 13 per cent increase in exports in current year. In addition
the other Asian Countries like Malaysia, Thailand and Philippines economy grown
and become winner.
The Trade war between USA & China
slowdown Chinese exports reduced approx. 12 percent current year and outlook of Asian Economy in totality trimmed from
earlier estimated 5.7 percent Growth to 5.4 percent.
In one side country like Vietnam get boost of
2.3 percent additional Growth, the economic growth in Hong Kong estimated to
0.3 percent from earlier projected 2.5 percent Growth. It slightly effecting
South Korea from estimated 2.5 percent to 2.1 percent.
Keshav Gandhi, CEO of AsiaTradeHub.com predict
this shake of up down of Export from Asia will change the earlier practice and
to compensate the export loss the efforts from China & India to increase
business with in Asia will help Trade activities pushed by Asian Countries in