Asia Economics Update Korea: GDP data worse than it looks GDP growth in Korea rebounded in the second quarter, but the data was far worse than it looks, with all of the major sub-components contracting. With weak global demand set to drag on exports and high... 25th July 2023 · 3 mins read
China Economics Update China and Japanification: How great is the risk? China is not suffering a balance sheet recession: most private firms are not highly indebted and would borrow if they had more confidence in the economic outlook. But there are other parallels with... 24th July 2023 · 4 mins read
Asia Chart Pack Emerging Asia Chart Pack (July 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 24th July 2023 · 1 min read
India Economics Weekly How will the rice export ban affect the economy? The partial ban on rice exports announced this week will have a small impact on India's trade balance and, similarly, it is unlikely to reduce inflation much either. The bigger concern for... 21st July 2023 · 3 mins read
Asia Economics Weekly Economic weakness to continue into H2 A few places have already published second quarter GDP figures, and the rest of the region will follow over the coming weeks. Although the data are likely to show GDP growth picked up in around half... 21st July 2023 · 8 mins read
Event Asia Drop-In: Is China in a balance sheet recession? 27th July 2023, 9:00AM BST Widespread angst around China’s growth outlook is fuelling a debate about whether the economy is in the kind of “balance sheet recession” that typified Japan’s experience in the 1990s.
Emerging Markets Economics Update Assessing the early evidence of “friend-shoring” in EMs One way in which EMs may benefit from the fragmentation of the global economy into US- and China-aligned blocs is via “friend-shoring”. There appears to be evidence that the US is importing a higher... 19th July 2023 · 4 mins read
Asia Economics Weekly Thai election farce, BoK’s hawkish hold, El Niño risks The winner of Thailand’s election, Pita Limjaroenrat of the Move Forward Party, on Thursday failed to secure enough votes in parliament to become the country’s next prime minister. This raises the... 14th July 2023 · 6 mins read
Asia Economics Update GDP and inflation data support the case for MAS easing Data released today show Singapore's economy remains very weak and we continue to expect growth to come in well below consensus this year. With inflation also falling back sharply, we expect the... 14th July 2023 · 3 mins read
Event Drop-In: El Niño – Gauging the risks to economies and markets 19th July 2023, 3:00PM BST The World Meteorological Organisation has announced a 90% probability of an El Niño event in the second half of the year, threatening more extreme climate events.
Asia Economics Update BoK to change course soon The Bank of Korea today left interest rates unchanged (at 3.5%) and the accompanying statement and press conference were more hawkish than we had anticipated. Accordingly, we are pushing back the... 13th July 2023 · 3 mins read
Asia Economics Weekly El Niño key upside risk to inflation in Asia Inflation across Asia continued to slow in June and is likely to fall further over the coming months. The key risk to the outlook is the weather – El Niño conditions have arrived in the Pacific and... 7th July 2023 · 7 mins read
Asia Economics Update Sri Lanka – better times lie ahead Twelve months on from last year’s political and economic crisis, Sri Lanka is slowly getting back on its feet. The economy looks set to rebound steadily over the coming quarters helped by a sharp drop... 6th July 2023 · 3 mins read
