GIC's Tony Tan warns of recession relapse

Aug 9, 2009

The sovereign wealth fund's deputy chairman Tony Tan notes that there are serious unanswered questions about the role of markets and the state.

The greatest risk to the outlook for Asia is a global economic and financial environment that does not stabilise and recover by 2010, according to Tony Tan, deputy chairman and executive director of the Government of Singapore Investment Corporation (GIC).

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