Asia’s economies recovered from the global recession relatively well in the first quarter of 2010, although performance varied among the various sub-regions.
Economies in Asia have emerged in reasonably good shape.
Strong public policies have significantly alleviated the fear of an economic meltdown and somewhat shored up the confidence of investors in Asia.
While the Asian economy is not entirely out of the woods yet, market sentiment became less bearish in the second quarter.
The first quarter was challenging for Asia’s real economy and property markets.
The year ended on a negative note for Asia’s economies and real estate markets.
The year ended on a negative note for Asia’s economies and real estate markets.
At the onset of the subprime mortgage crisis in the spring of 2007, few would have predicted that it would develop into a broader global financial market storm.
2007 was another fruitful year for the Asian economies and real estate markets. Led by the robust growth in China and India, Asia’s economy expanded by about 8.5% in 2007, slightly higher than the preceding year.