Hong Kong’s unemployment rate remains low despite the weak economy, as employers have responded to falling demand by cutting wage growth. The result has been a slowdown in consumption. Even if...

The nightmare scenario of the US Congress failing to reach a deal on the fiscal cliff would see growth in Asia’s most trade-dependent countries slow by up to 1 percentage point in 2013.

The release later this month of government proposals to reduce income inequality will provide early evidence of whether a change of leadership in Beijing has given new momentum to economic reform. The...

Today’s disappointing trade data have added to our doubts about the sustainability of China’s rebound. The weekend’s figures on investment and industrial production were more encouraging but they...