皇冠体育app

Louis Kuijs, chief economist, Great-er 皇冠体育app, Royal Bank of Scotland. [Provided to 皇冠体育app Daily]

Louis Kuijs, chief economist, Greater 皇冠体育app, for the Royal Bank of Scotland in Hong Kong, is concerned Europe going into a recession could also affect 皇冠体育app. Some 16 percent of 皇冠体育app's exports currently go to Europe.

"If it were to happen, it would be a major problem for 皇冠体育app. It would mean the US remained the only driver of the global recovery and as recent experience has shown the US cannot now pull the global economy by itself, so global trade would be quite subdued depressing 皇冠体育app's exports."

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