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Roaring Asian exports set to fizzle

Declining flow of new orders points to a harsher reality

| East Asia
Containers may still be piling up in Asian ports, but boon to the region's exporters spurred by COVID is about to end.   © Reuters

Frederic Neumann is co-head of Asian Economics Research at HSBC.

Containers are piling up in Asian ports. Shippers can't keep up with demand. Sneakers and semiconductors are in desperately short supply. The pandemic has provided a boon to the region's exporters, but this is about to end. Shipments will cool from their torrid pace and trade will slow over the coming year, posing headwinds to Asian growth.

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