ADB: PH at risk from China slowdown

The Philippines will experience the “hardest hit” among the Southeast Asian countries if the economic slowdown in China continues over the next five years, a working paper released by the research arm of Manila-based multilateral lender Asian Development Bank (ADB) on Thursday revealed.

Titled “Impact of the People’s Republic of China’s Growth Slowdown on Emerging Asia: A General Equilibrium Analysis,” the study from Asian Development Bank Institute (ADBI) said the Philippines along with Malaysia will be the most affected in the region by the economic slump in China.