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In the past month, the headlines have been sending shockwaves in the market globally. Greece came very close to exiting the Eurozone and China suffered a stock market rout. Eurozone second-quarter GDP growth slowed to 0.3% quarter on quarter due to softer expansion in domestic demand. And on August 11, China adjusted its exchange rate regime and devalued the currency's central parity rate by 2%. The move rocked the financial markets and generated much speculation that China is on a "weak renminbi" path.
Rajiv Biswas, Asia-Pacific Chief Economist for IHS, will present the latest IHS global and Asia Pacific economic forecasts, discussing the key risks and opportunities in the global economy and its impact to Korean companies.
Some of the topics discuss include: