How dependent is Chinese growth on the US?

According to this article from The Economist, total China exports account for less than 10% of China’s GDP when “value add” is stripped out – much less than the headline 40% figure for 2007, which includes imported and domestic inputs.

Good news as we enter the New Year, given that a US recession now appears almost certain.

But what about Singapore and the other more export-dependent economies in Asia?

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