The export share of developing Asia’s 12 largest economies rose from 35% of pan-regional output in the late 1990’s to 45% in early 2007. Little wonder that every economy in the region either fell into recession or experienced sharp slowdowns when global trade plunged in late 2008.
那么，随着美国面临可能的消费缩水，谁能来替代美国的位置呢？欧盟还是日本？依我看，它们都难以胜任。