Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

REAL-Economics.com

Macroeconomics

The 3mma of exports (-5.2% YoY) and imports (-7.1% YoY) declined less in August than in the ytd, signalling mild improvement in the trade situation (although some temporary factors boosted imports). China's exports and imports beat market expectations in August, with exports down a modest 2.8% YoY and imports rising 1.5% YoY (after a decline of 12.5% YoY in July). Given monthly volatility, we think it best to look at export and import growth on a 3-month moving average basis -- and that shows…

The 3mma of exports (-5.2% YoY) and imports (-7.1% YoY) declined less in August than in the ytd, signalling mild improvement in the trade situation (although some temporary factors boosted imports). China's exports and imports beat market expectations in August, with exports down a modest 2.8% YoY and imports rising 1.5% YoY (after a decline of 12.5% YoY in July). Given monthly volatility, we think it best to look at export and import growth on a 3-month moving average basis -- and that shows…

VinaCapital Vietnam Opportunity Fund (VOF LN)

Listed Index Fund JPX-Nikkei Index 400 (1592 JP)

Vietnam Enterprise Investments (VIETENI KY)

North Bangkok Power Plant Block 1 Infrastructure Fund (EGATIF TB)

North Bangkok Power Plant Block 1 Infrastructure Fund

China: Mild Improvement in Trade, but Capital Outflows Accelerate Further