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Watch onMARRAKECH, Morroco - China's weak recovery and the risk of a more protracted property crisis could further dent Asia's economic prospects, the International Monetary Fund said on Friday, warning of a cloudier outlook for the once fast-growing region.Meanwhile the strength of the U.S.
A sudden tightening of global financial conditions could lead to capital outflows and weaken exchange rates in Asia, the blog added. On Japan, tweaks that its central bank made to its bond yield control policy led to broad market"spillovers" due to the larger presence of Japanese investors in the global bond market, the blog said.
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