But Malaysia, which is much more dependent on foreign demand, will be hit harder.
That has left Germany overly dependent on foreign demand, which has evaporated (orders for German goods have fallen by a quarter in the past year).
Outside of China and India (which this week reported 8.8% second-quarter growth compared with a year earlier), developing Asia remains heavily dependent on external demand.
Long term, I think copper will be dependent more on Asian demand and the recovery in Western economies than this type of situation (Greece).
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Meyer, a securities arbitrator in Florida and publisher of the contrarian Straight Money Analysis newsletter, said that oil demand is dependent on emerging Asia.
As commercial real estate space demand is highly dependent on economic growth this certainly did not look good.
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Coming off of a strong first quarter, Yoon believes that Huntsman is due for growth thanks in large part to a diversified market that has seen increased demand, which is dependent on a limited supply.
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The physical demand could oscillate and be dependent upon price levels in the months ahead, suggested Carlos Sanchez, director of risk management for CPM Group.
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India faces massive electricity shortages due to a mismatch between coal demand and supply, making it dependent on imports from Indonesia and other countries.
The obvious conclusion is that we are massively dependent on a resource that has steady ramping global demand and very concentrated supply, with a significant risk of a disruption of this supply.
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China does not own the US, and they desperately need us to grow if they are going to make it because they have very little domestic demand to generate growth and are dangerously dependent on exports.
Harvests are dependent on the weather, and short-term changes in demand are out of kilter with the long-term investments needed to boost supplies of metals and oil.
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Mr. Geithner is certainly right that China needs to adjust its export-dependent growth model, which has struggled amid the decline of global demand.
Welcome though the news is, while the government's new-found discipline remains dependent on emergency squeezes, the markets are likely to continue to demand a premium that will prevent interest rates from falling enough to turn promising recovery into sustained high growth.
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Retail sales jumped by 2.3% in real terms in October, suggesting that domestic demand may provide more thrust to an economy that is overly dependent on exports.
These economies are popularly perceived as excessively export-dependent, flooding the world with cheap goods, but doing little to boost demand.
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For all but a few agrarian countries heavily dependent on tobacco farming (such as Zimbabwe and Malawi), a drop in demand for tobacco would not lead to massive job losses, according to the bank.
And their low pay is one of the factors that has helped to hold down domestic consumption, making the Japanese economy's moderate recovery in recent years heavily dependent on exports something that is now the cause of great concern, particularly as demand overseas for Japanese goods weakens.
Therefore, in a world where we have a difficult time generating sufficient demand to hire all those willing to work, the private sector is actually more dependent on the government to boost its sales than the government is on the private sector for tax revenues (see Why the Private Sector NEEDS the Government to Spend Money).
It would be nice, too, if small companies were in better shape, the yen not so strong, consumer demand more brisk, companies less concerned with paying off debt, and the whole economy not so dependent on exports to China.
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