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Emerging Market Economic Headlines

  July 2, 2009

  - Purchasing managers' index of China's manufacturing sector increases to 53.2 in June.
  - Hong Kong's total deposits increase 2% m/m in May.
  - India's external debt increases 2.4% y/y in fiscal 2008-09.
  - India's exports decline 29.2% y/y in May.
  - India's economy expected to begin recovering after September.
  - India relaxes rules on external borrowings.
  - Finance Minister: Indonesia's economy to expand 4.6% in H2.
  - Indonesia's House of Representatives seeks larger role in foreign debt management.
  - Malaysia's external assets increase 3.6% y/y in 2008.
  - Malaysia's palm oil product exports estimated to increase 1.6% m/m in June.

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