Economist, Centennial Asia Advisors

Nicholas Chia

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipating key turning points that affect the client’s interests in the Asia-Pacific region. Clients include public agencies and central banks, as well as fund managers and investment banks. The company draws strength from its flexibility to tailor products to fit client’s specific interests. It provides detailed macro-economic forecasts, scenario analysis and timely assessments of how specific major economic and political developments may affect a client’s areas of interest. At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way.

Economist

East Asia: Further Economic Traction Powered by Exports and Consumption

East Asia Update: China's Policy Direction, Korea's Political Woes and Taiwan's Economic Momentum

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

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<strong>Global demand buoyed GDP in 2017</strong>: GDP increased 3.3% y/y in 4Q17, up from 3.1% in 3Q17; full-year growth for 2017 stood at 2.8%, doubling from 2016’s 1.4%.</li>
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<strong>Growth drivers were private consumption and exports</strong> of goods and services, which stood at +2.9% y/y (3Q: +2.7%) and +6.0% (3Q: +11.7%) respectively in 4Q17. Gross capital formation, however, declined 4.8% y/y in 4Q17, albeit by a smaller magnitude than the 10.4% dip seen in the previous quarter. Also, government consumption fell 1.3% in 4Q17…</li>
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Global demand buoyed GDP in 2017: GDP increased 3.3% y/y in 4Q17, up from 3.1% in 3Q17; full-year growth for 2017 stood at 2.8%, doubling from 2016’s 1.4%.

Growth drivers were private consumption and exports of goods and services, which stood at +2.9% y/y (3Q: +2.7%) and +6.0% (3Q: +11.7%) respectively in 4Q17. Gross capital formation, however, declined 4.8% y/y in 4Q17, albeit by a smaller magnitude than the 10.4% dip seen in the previous quarter. Also, government consumption fell 1.3% in 4Q17…


Improving Conditions Pique Consumers but Not Firms