SINGAPORE (June 5): Market trends of the East and West appear to be diverging from each other given how emerging Asia is not benefitting much from the industrial upswing seen by advanced markets, according to HSBC Global Research.  

HSBC’s co-head of Asian economics research Frederic Neumann dubs this “The Great Uncoupling”.

“It used to be the other way around. For a while, the West sputtered, and the East continued to cruise along. Now, advanced economies seem to have found their footing, but emerging Asia is losing gas. The odd thing is that strength in the former isn't rubbing off on the latter,” elaborates the research co-head in a Friday report.

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