Asia Economics Weekly Rebounding won, Vietnam politics, dovish surprises The rebound in the won is unlikely to be welcomed by the country’s struggling exporters, but will come as a relief to the Bank of Korea, which had become worried that higher import prices would keep... 20th January 2023 · 12 mins read
Event Asia Drop-In: The latest on China’s reopening, Asian monetary policy, and markets 1674720000 China’s shift from zero-COVID is the big Asia story of the moment and our economists gave an update on what this means for the region’s growth outlook, including how quickly outbound tourism is rec
Asia Economics Update Indonesia: Tightening cycle over Bank Indonesia (BI) today raised interest rates by a further 25bps (to 5.75%) but also appeared to signal there would be no further rate increases this year. We are changing our forecast in response... 19th January 2023 · 3 mins read
Asia Economics Update Malaysia: Rates on hold, tightening cycle likely over Malaysia’s central bank (BNM) unexpectedly left its main policy rate unchanged today (at 2.75%), but appeared to leave open the possibility of further rate hikes later in the year. However, with... 19th January 2023 · 3 mins read
Asia Data Response Taiwan GDP (Q4) Taiwan’s economy unexpectedly contracted in Q4, driven by a sharp fall in exports. We expect the economy to remain weak over the coming quarters as exports struggle amid a global recession and higher... 18th January 2023 · 2 mins read
Asia Economics Weekly China rebound, Thai election, new currency forecasts Disruption from China’s reopening is fading faster than we had expected and we have revised up our GDP growth forecast for this year. As daily life in China returns to normal, spending at hotels... 13th January 2023 · 8 mins read
FX Markets Update China’s re-opening and currency markets While the medium-term outlook for the renminbi and other Asian currencies has improved, and we have revised some of our forecasts accordingly, we continue to anticipate that a deterioration in risk... 13th January 2023 · 4 mins read
Asia Economics Weekly Tourism boost as China reopens, Vietnam struggling Tourism across Asia has rebounded strongly in recent months, with arrivals in most places now at around 45% of pre-crisis levels. The region will receive a further boost on 8th January, when China... 6th January 2023 · 7 mins read
Emerging Markets Economics Update What does China’s end of zero-COVID mean for EMs? China’s abandonment of its zero-COVID policy could lead to supply chain disruption in other EMs, particularly other parts of Asia and Mexico, though we’re not too concerned yet. And outbound Chinese... 4th January 2023 · 3 mins read
Emerging Markets Economics Update EM industry: ends 2022 on a weak footing Although the manufacturing PMIs for December picked up in some highly-open EMs in Asia and Central Europe, industry in these countries remains very weak. And the surveys suggest that activity has... 3rd January 2023 · 2 mins read
