Moody's Analytics believes China has reasons to exercise restraint in announcing retaliatory tariffs against the US, at a time when the latter has imposed import tariffs on various critical goods from China.
The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the risk is greater in India with a new bout of rupee weakness, which could force its central bank Reserve Bank of India to "press harder on the brakes", according to Moody's Analytics.
New Delhi [India], September 21 (ANI): Volatility in supply-chain disruptions in and around China is "bound to appear" in the coming months as the country will likely maintain its targeted zero-Covid policy through at least the end of this year, said Moody's Analytics.