Reform and regulation in the east
The Chinese economy has been the engine for prosperity during a period of unprecedented growth in Asia over the past decade. But a marked slowdown is tempering confidence in the fiscal prospects for the region as a whole and producing a more stringent regulatory environment. GC spoke with leading in-house counsel in the region to test the sentiment on the ground and learn how they were dealing with the new challenges.
Broadly speaking, the economies of Asia comprise the largest financial and population bloc in the world. Throughout the Global Financial Crisis, many of Asia’s strongest economies remained surprisingly resilient, thanks in no small part to the staggering growth rates China sustained throughout the period.
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