Showing 1 - 10 of 16
Is China's economic policy a little too cautious?
News, Published on 31/01/2026
» In the Chinese zodiac, 2026 is the Year of the Fire Horse. Pairing the powerful and lively horse with the element of fire yields a symbol of intensity, vitality, and forward momentum. But, the wisdom goes, the fire horse must not allow its determination to give way to recklessness. Likewise, the tension between balance and dynamism will define Chinese economic policy in the year ahead.
AI set to replace most humans
News, Stephen Jen, Published on 22/08/2025
» Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has been a net destroyer of jobs for decades.
China's uphill fight vs price wars
News, Manishi Raychaudhuri, Published on 14/08/2025
» Overcapacity has made its way into China's domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has responded by launching a so-called "anti-involution" programme to combat deflationary price wars. It's had some early wins, but this could be a lengthy battle.
Dollar at risk of being left behind
News, Jay Pelosky, Published on 04/08/2025
» Europe and Asia could leverage US President Donald Trump's "America First" strategy for their own benefit, eventually spurring the development of regional tripolar FX blocs that could erode the dominance of the US dollar and reshape global markets.
Asean countries are facing their own 'China shock'
News, Manishi Raychaudhuri, Published on 20/05/2025
» As the United States and Europe have sought to loosen their economic ties with China in recent years, Beijing has focused on expanding its export markets across the "Global South", particularly in Southeast Asia. But this could create significant economic risks as the region's manufacturers struggle to compete. Regardless of the contours of any eventual US-China trade deal, Beijing's exports to America seem destined to continue falling, as do those to the European Union. The bloc has been seeking to "de-risk" from Chinese imports and supply chains, particularly when it comes to electric vehicles, batteries and solar power equipment.
Asian equities win in US recession
News, Manishi Raychaudhuri, Published on 06/05/2025
» If a recession materialises in the United States this year, the relative performance of US and Asian equities will likely be quite different from what investors have seen in past decades. Indeed, the latter may be the "risk-off" trade this time around.
Forget American exceptionalism, it's a tri polar world
News, Jay Pelosky, Published on 11/01/2025
» In 2024, the watchword in financial markets was "American exceptionalism", as the US economy and markets left the rest of the world in the dust. But as the calendar turns, it may now be time to remove these geographic blinders to consider the larger regional competition likely to reshape the global economy in the coming years. We may be in the midst of a long-term global growth cycle driven by intensifying competition in the critical areas of artificial intelligence, green technology, and security between the world's three dominant regions: the Americas, Asia and Europe. (It's what I refer to as the Tri Polar World.)
China's stimulus could be a boon
News, Shang-Jin Wei, Published on 07/10/2024
» The timing of China's new stimulus package is not coincidental. Arriving just before the 75th anniversary of the People's Republic, the announcement was well-received by equity investors, leading to a surge of more than 15% in the country's main stock indices.
PM's resignation opens the door to a chaotic era
News, Gearoid Reidy, Published on 16/08/2024
» In the end, Fumio Kishida could not escape the pull of gravity.
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.