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Macao’s forex reserves reach $23.92 bln in January

The preliminary estimate of the Macao SAR’s foreign exchange reserves amounted to 192 billion patacas (23.92 billion U.S. dollars) at the end of January 2011, according to the figures released on Tuesday by the Monetary Authority of Macao.

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The preliminary estimate of the Macao SAR’s foreign exchange reserves amounted to 192 billion patacas (23.92 billion U.S. dollars) at the end of January 2011, according to the figures released on Tuesday by the Monetary Authority of Macao.

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Macao’s forex reserves reach $23.92 bln in January

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Economics

China’s new three-child policy highlights risks of aging across emerging Asia

Thailand’s (Baa1 stable) total dependency ratio is set to jump nine percentage points to 51% by 2030 – a faster increase than China’s – which will pressure public and private savings through higher taxes and social spending, reducing innovation and productivity gains.

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Street vendor in Bangkok

Population aging in China (A1 stable) and other emerging markets in Asia will hurt economic growth, competitiveness and fiscal revenue, unless productivity gains accelerate, according to a new report by Moody’s Investors Service.

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China

Clear skies over Asia’s new foreign investment landscape?

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Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.

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