Covid-19/Economy/US-China/China-India/Chips

The Week That Was in ASEAN@Smartkama - Asian Exports, Thai Media, and Philippine Banks

Chinese Easing Drives Next Phase of Liquidity-Driven Boom. Could EM Soar?

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p style="text-align: justify;">Incoming Asian trade and industrial output data show that regional economies, led by China may have re-opened but the recovery is slow and has been complicated by a still weak global trade cycle. History shows that Asian countries that are highly dependent on China through trade and tourism flows tend to benefit disproportionately when the country booms. This time round the outlook is less clear cut. In any case we do not expect the Asian export cycle to go into full upswing.</p>

Incoming Asian trade and industrial output data show that regional economies, led by China may have re-opened but the recovery is slow and has been complicated by a still weak global trade cycle. History shows that Asian countries that are highly dependent on China through trade and tourism flows tend to benefit disproportionately when the country booms. This time round the outlook is less clear cut. In any case we do not expect the Asian export cycle to go into full upswing.

Asian Exports & China - No Upswing