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

<p><strong>China's exports fell in Sept16 at their fastest in 7 years (not counting the CNY months in 1Q of any year).</strong> China's exports declined a precipitous 10.2% YoY in September 2016, the biggest monthly decline since February 2016 -- and the largest monthly YoY decline outside the first quarter (which is affected by the Lunar New Year) in 7 years (i.e., since the GFC). China is losing global market share in both labour-intensive exports (to Vietnam and Bangladesh) and in areas like electronics and…</p>

China's exports fell in Sept16 at their fastest in 7 years (not counting the CNY months in 1Q of any year). China's exports declined a precipitous 10.2% YoY in September 2016, the biggest monthly decline since February 2016 -- and the largest monthly YoY decline outside the first quarter (which is affected by the Lunar New Year) in 7 years (i.e., since the GFC). China is losing global market share in both labour-intensive exports (to Vietnam and Bangladesh) and in areas like electronics and…

Slumping Exports Lower the Trade Surplus, as Capital Flight Gains Pace