U.S. Downturn Could Affect Asian Deal-Making
Bill McCormack, a partner in Shearman & Sterling LLP's Singapore office, said Asian economies have seen a straight line of growth since the SARS scare of late 2002 but a U.S. recession would test the theory that the “global economy has become decoupled from the U.S.”
“The firm had a very strong year last year, but like...
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