Benchmark
China Slowdown to Hurt Export-Heavy Singapore the Most in Southeast Asia
Philippines, Vietnam are least sensitive to weak Chinese growth
The Lion City
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China's economic expansion has been a powerhouse for regional and global growth, boosting other countries' economies with demand for commodities and other imports. Now the reverse is happening - its slowdown is dragging down growth across the region.
In Southeast Asia, Singapore could be the worst hit, with a 1 percentage point fall in China's economic growth subtracting 1.4 percentage points from Singapore's, according to estimates from Australia & New Zealand Banking Group Ltd. China is the nation's largest export destination, taking almost 15 percent of shipments.