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Modi’s poll proposal will strain Indian federalism

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INDIA

Such a move could especially suit national parties like Modi’s Bharatiya Janata Party (BJP), as national issues would likely take precedence over local ones at poll time. In…

Prospects for East Asia to end-2021

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PROSPECTS 2021 H2

Prospects for East Asia to end-2021.

Vietnam will likely miss 2023 GDP growth target

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VIETNAM

GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…

Higher oil prices damage India’s economic outlook

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INDIA

GDP growth picked up in the final quarter of 2017. The improvement was broad-based; manufacturing, construction, services and agriculture all expanded. However, higher oil prices…

China’s exports will recover but trade sanctions loom

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CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

South Korean politics will be less certain

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SOUTH KOREA

Meanwhile, the leader of the opposition and a ruling party lawmaker have been hospitalised after serious assaults (in the former case, politically motivated). There are also…

Wages weigh on Japan’s monetary policymaking

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JAPAN

The time may be right to move on from what was designed to combat deflation, and attention is being given to wages for guidance. However, rising prices are not feeding through…

China’s economy gains momentum in the third quarter

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CHINA

Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…

After a strong year for Australia, growth will slow

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AUSTRALIA

This figure is higher than the RBA’s forecast of 1.5%, as labour demand remains strong and business investment resumes as supply chain disruption subsides. However, persistent…

Park prosecution would seal left's victory in Seoul

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SOUTH KOREA

Unlike during her impeachment when she resisted all summons, Park plans to appear in court tomorrow in hopes of avoiding arrest and detention. Campaigning for the election to…