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Global recession is a top concern among Asia Pacific business leaders, JPMorgan survey shows

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J.P. Morgan's Oliver Brinkmann said the bank does not see a recession coming, but global growth is expected to slow in coming quarters.

Business decision-makers in Asia Pacific see a global recession and the impact of trade tariffs as the biggest risks for their companies in the next six to 12 months, according to a survey from J.P. Morgan.

Around 30% of chief financial officers and group treasurers in the region belonging to 130 global companies said they felt a potential global recession posed the biggest risk to their businesses in a poll conducted at the 2019 J.P. Morgan Asia Pacific CFO and Treasurers Forum in Shanghai.

 

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Isn’t a Global Recession one of the top fears of all business leaders, all the time....

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