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Growth prospects steady in Asian economies as Trump risk recedes

Concerns diversify, with new attention on terrorism, geopolitics

Protectionism remains a risk around the world, especially for Singapore.

Economists predict steady growth will continue in major Southeast Asian countries and India for 2017 and beyond, keeping their forecasts near the same levels as in the previous survey conducted three months ago. Concerns over protectionism and other risks linked to U.S. President Donald Trump persist, but appear to be less urgent than before. Economists are now focusing more on the strong growth potential in Asian economies. At the same time, they are beginning to look at new dangers, including terrorism and geopolitical risks.

The Japan Center for Economic Research and Nikkei conducted a quarterly consensus survey from June 9-30, collecting 58 answers from economists and analysts in the five biggest members of the Association of Southeast Asian Nations -- Indonesia, Malaysia, the Philippines, Singapore and Thailand -- and India.

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