{
    "success": true,
    "data": {
        "id": 1074363,
        "msgid": "asias-economic-malaise-1447899208",
        "date": "2001-09-01 00:00:00",
        "title": "Asia's economic malaise ",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Asia's economic malaise The current woes of the emerging Asian tigers can be traced solely to the economic slowdowns in the United States and Japan, both major trading partners for the troubled economies. Among other onslaughts, the emerging Asian markets have been hit squarely by the end of the U.S. information technology business boom. According to some estimates, Asia's exports of IT-related products account for about 40 percent of the region's recent economic growth.",
        "content": "<p>Asia's economic malaise<\/p>\n<p>The current woes of the emerging Asian tigers can be traced <br>\nsolely to the economic slowdowns in the United States and Japan, <br>\nboth major trading partners for the troubled economies. Among <br>\nother onslaughts, the emerging Asian markets have been hit <br>\nsquarely by the end of the U.S. information technology business <br>\nboom.<\/p>\n<p>According to some estimates, Asia's exports of IT-related <br>\nproducts account for about 40 percent of the region's recent <br>\neconomic growth. Given that Singapore and Taiwan are leading <br>\nexporters in that category, the slowdown in these economies seems <br>\na given.<\/p>\n<p>The dollar's continued decline has adversely affected these <br>\neconomies' export drive. Chances are slim that the situation will <br>\ntake a turn for the better.<\/p>\n<p>The ongoing development in the emerging Asian markets have <br>\ndemonstrated anew the defects inherent in their excessively heavy <br>\nreliance on exports. The lesson drawn from this, bitter as it is, <br>\nmust be taken to heart.<\/p>\n<p>Asian economies must further diversify their industries so as <br>\nto encourage each economy to focus on an industrial area in which <br>\nit excels.<\/p>\n<p>-- Yomiuri Shimbun, Tokyo<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asias-economic-malaise-1447899208",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}