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Asia's Economic Strength at New High in 2006
Asia's Economic Strength at New High in 2006
Despite a sudden plunge in stock prices in December, Asian economies, led by China and India, were among the most dynamic in the world - with many expanding by well over six percent in 2006. As capital flowed into stock markets and exports climbed, many Asian stock markets hit record highs during the year. However, economists and financiers say 2007 will see a modest slowdown in growth and market prices.
