Good MornING Asia - 7 August 2018

China steps up retaliation to the US tariffs and takes measures to prevent capital outflows. Indonesia's GDP growth accelerates to a 5-year high pace in the second quarter

In this bundle

China

China steps up retaliation and prevents capital outflows

China retaliates with the US raising tariffs from 10% to 25% on $200 billion of goods. At the same time, the central bank imposes 20% reserves on short…

Indonesia

Indonesia: GDP growth surprises on the upside

Household, government and business spending remained healthy in the second quarter and offset the more challenging net trade sector. The growth figures…