Port lockout risks Asian recession
BBC News
The lockout which has shut down 29 ports on the US West Coast
could trigger a recession in East Asia, investment bank Morgan
Stanley has warned.
In a note sent to clients, Morgan Stanley economist Andy Xie said
the dispute risked "horrendous" consequences if it lasts
longer than a month.
Over $1bn worth of goods pass into the US by ship
...... Read more on BBC News
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