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ASIA'S FAST-GROWING ECONOMIES

May 22, 1992



WASHINGTON

Exports by Asia's developing economies rose 14.3 percent in 1991 to $515.2 billion, while their imports increased 13.7 percent to $534.7 billion, according to a recent report of the International Monetary Fund.

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Among the five largest trading economies of the region (China, Hong Kong, South Korea, Singapore, and Taiwan), Hong Kong recorded the fastest growth in both exports (20 percent) and imports (21.6 percent).