Daily FNArena News - International

China’s economy is slowing to a more sustainable pace, but it still has plenty of cards up its sleeve.

Inflation is becoming major concern in Asia and Barclays thinks local currencies may weaken further against the US dollar.

Everyone knows how important the Chinese economy has become on the world stage, but even some of its provinces are becoming economic, international heavy hitters.

It’s been suggested that Chinese economic growth is slowing, but both CommSec and Westpac expect it to remain at around 10% in 2008 and into 2009.

According to DBS, Asian economies are holding up well on rising exports driven by China, but how much risk remains if the Chinese economy does slow down.

Higher commodity prices have held back the Japanese economy, but Daiwa Institute says oil at US$100 per barrel would offer the best chance of stronger growth.

As the world slows, and the commodity story takes a hiatus, Asia is no longer looking so attractive. Where is the next export economy growth story?

The Japanese government believes Japan – the world’s largest consumer of Australian exports – is heading into recession.

The Chinese economy is slowing but economists continue to expect a soft landing and a shift in focus away from inflation towards supporting growth.

CLSA’s June survey into Chinese manufacturing confirms Chinese manufacturers continue battling with higher input costs.