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Emerging Asia activity will slow despite China rebound

Location:

INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Bangladesh faces stormy lead-up to elections

Location:

BANGLADESH

The next general election is expected in January. The health of BNP leader Khaleda Zia, under house arrest, is reportedly deteriorating seriously. Separately, the United States…

China’s local governments will accumulate hidden debt

Location:

CHINA

Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…

Japan’s wage hikes will expand income gaps

Location:

JAPAN

Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.

Inflation will impede East Asia's economic recovery

Location:

EAST ASIA

China, Japan and South Korea are no exceptions, but their inflation rates and policies differ from those in North America and Europe. How they address the challenge and how far…

Australian budget curbs spending but dodges reform

Location:

AUSTRALIA

This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…

COVID-19 will batter Japan’s economy

Location:

JAPAN

The economic outlook for Japan amid the COVID-19 pandemic.