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Asia Will Stumble If US & Europe Falter

Friday, 10 Jul 2009 | 12:10 AM ET

Michael Spencer, chief economist and head of global markets research at Deutsche Bank, says Asia will outgrow the rest of the world but if the U.S. and Europe's recovery falters, there will be another leg down to the recession. He speaks to CNBC's Chloe Cho and Rebecca Meehan.