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A Chinese couple wait as their baby sleeps on a display bed, as they shop at an Ikea furniture store in Beijing on Monday. Asia, including China and India, will be vulnerable if the United States and Europe slip into another recession, Singapore Prime Minister Lee Hsien Loong said in his annual policy speech. Lee warned it was possible the world would sink into another recession because of the debt crisis in Europe and the United States’ economic woes that led to a landmark downgrade by Standard & Poor’s of the country’s top-notch credit ratings.SD-Agencies
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