A sharp Chinese economic slowdown will affect countries through their exports and commodity prices. Especially countries in Asia and Africa are vulnerable.
Vietnam is extremely export-driven, specialising in textiles and footwear. The economy is shifting towards higher value added sectors such as electronics.
After 3.1% growth in 2014, Singapore’s economic growth is expected to accelerate to 3.4% in 2015, driven by investment; among other things, in its infrastructure.
Since 2012, economic growth has been high, driven by private consumption which accounts for about 70% of the economy. Growth has also been sustained by rising demand for exports.
Malaysia’s business environment is considered to be far more favourable than that of its regional neighbours, apart from Singapore, and the financial sector is strong.
As in 2013 and 2014, fierce competition means that the Dutch construction sector is still affected by price wars, leading to on-going pressure on margins.
The swift implementation of reforms would further strengthen Mexico ́s already solid external economic situation by boosting FDI and reducing dependency on volatile portfolio capital inflows.
India’s rebound is expected to be driven by the resumption of stalled infrastructure projects, high investment, urbanisation, the improvement of the business environment and structural reforms.
