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Euro will remain 'dominating factor' in Asia in 2012

The new year has only just started, but a cautionary mood remains in the markets. Reasons include Europe's still-unresolved debt crisis, rising tensions between the US and Iran over its nuclear ambitions, and signs that growth in China is slowing down.

So what are the biggest risks facing Asia this year? Frederic Neumann, managing director & Head of Asian Economics Research at HSBC says the eurozone will continue to dominate worries this year.