Business trends wax and wanes over time. Even though your business is a household staple, you can still experience a reduction in revenue for a lot of reasons. One of the main reasons why businesses declare bankruptcy is because they fail to stay relevant in a world that is increasingly becoming globally competitive. Global issues can mess with the global economy and likewise have a domino effect on various businesses in the market. Asian businesses even suffer from issues affecting western soil and that’s more than half of the planet’s population struggling financially. Political instability, social unrest, infrastructure issues and economic stagnation are just a few of the challenges faced by the Asian market and can determine whether Asia remain prosperous or not.
Little does President Trump know how much of an impact his statements or policies have on the global arena. The Asian market plummets further as yet Trump made another questionable move that raises the eyebrows of many.
(Via: http://www.chicagotribune.com/business/sns-bc-financial-markets-20170517-story.html) Politics has long been a catalyst for movements in the stock market. Disturbing issues can rattle the confidence of investors and cause a panic selling of stock shares. It’s a kind of domino effect we like the least.
The Asian market is full of all sorts of uncertainties that are worsened by Trump’s unpredictability. Moreover, many Asian countries are plagued by problems of widespread corruption, poverty, political conflicts, human rights, crimes, and natural calamities that have a big impact on the overall economy. Even the government can’t always be relied on to maintain peace and security in their own countries, which are among the reasons why multinational companies have second thoughts in putting up business in these countries. Despite being home to roughly 60% of the world’s population, they also happen to be the poorest in the world, so let’s wait and see how Asian leaders whip up their magic and salvage the Asian economy before it hits rock bottom. Asian Businesses Struggle To Keep Business Afloat is republished from The Chinese Human Rights Development Net Blog from https://chrdnet.org/2017/06/03/asian-businesses-struggle-to-keep-business-afloat/
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