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

New Capital Controls Highlight Policy Concerns and Growing Contradictions

China: Hurtling Toward Crisis, Nudged Along by Trump

REAL-Economics.com

Macroeconomics

<p>As a parting gift to the incoming Trump administration, <strong>the Obama administration began an anti-dumping action in the WTO against China's aluminium exports</strong> -- arguing especially that China's industries are being illegally subsidized by cheap loans. This follows similar anti-dumping action against imports of steel from China. Given that Sen. Chuck Schumer (D-NY) and Sen. Lindsey Graham (R-SC) have long pursued legislation labeling China a currency manipulator (which Pres. Obama consistently vetoed…</p>

As a parting gift to the incoming Trump administration, the Obama administration began an anti-dumping action in the WTO against China's aluminium exports -- arguing especially that China's industries are being illegally subsidized by cheap loans. This follows similar anti-dumping action against imports of steel from China. Given that Sen. Chuck Schumer (D-NY) and Sen. Lindsey Graham (R-SC) have long pursued legislation labeling China a currency manipulator (which Pres. Obama consistently vetoed…

TSF up 19.9% YoY in 2016; FX Reserves Down A "Modest" US$320bn