Asset Allocation Update What Taiwan’s election could mean for markets This Update discusses how we think Taiwan’s election this weekend – which could be another flashpoint in Taiwan-China relations – might affect global equity markets, in aggregate and across some key... 12th January 2024 · 5 mins read
Capital Daily Could it finally be Chinese equities’ year? We still think that China’s equities could fare well relative to others in the near term, but also that their longer-run prognosis is fairly bleak. 10th January 2024 · 4 mins read
Climate Economics Update Clearing the air on the economics of pollution Given the thick smog covering parts of South Asia, forcing schools to shut down and disrupting activity, this Update takes a closer look into the economics of air pollution. In light of the... 8th January 2024 · 3 mins read
China Economics Weekly Investors price in rate cuts, PBOC taps lending scheme In contrast to elsewhere, bond yields in China continued to drop this week as investors increasingly come around to our view that further cuts to policy rates and reserve requirements are imminent... 5th January 2024 · 7 mins read
Capital Daily 2024 could be a better year for the yen than the renminbi We expect the Japanese yen to make larger gains this year than the Chinese renminbi. 4th January 2024 · 5 mins read
Asset Allocation Update Chinese equities may keep trailing Indian ones While equities in China might make up some lost ground over the next few months relative to those in India, we suspect they’ll underperform over the longer term. In view of the wider interest, we are... 4th January 2024 · 4 mins read
Event Asia Drop-In: Taiwan election 2024 – Domestic and global implications 1705309200 In a busy year for elections worldwide, Taiwan’s is likely to be among the most consequential.
China Rapid Response PMIs (Dec.) The official and Caixin PMIs have moved in opposite directions recently. But taken together, they point to some improvement in economic momentum in December thanks to gains in services and... 2nd January 2024 · 4 mins read
China Chart Pack China Chart Pack (Dec. 2023) China’s economy has regained some strength recently. We expect this to continue into 2024, on the back of support from fiscal policy and a further pick-up in household spending. But with property... 28th December 2023 · 1 min read
China Economics Weekly Policy still easing but not enough to hit growth target Although the Loan Prime Rates were left unchanged on Wednesday, today’s coordinated reductions in commercial bank deposit rates suggest the PBOC is still on an easing path. Meanwhile, a lower headline... 22nd December 2023 · 6 mins read
Climate Economics Update What to watch on the climate front in 2024 As 2023 draws to a close, this Update looks at three key climate themes to watch in 2024. In short, one should look beyond the inevitable climate-related rhetoric in the run-up to looming elections... 20th December 2023 · 4 mins read
China Activity Monitor CAP: Service sector continuing gradual recovery Our China Activity Proxy (CAP) suggests that the economic recovery is continuing as the service sector makes up further lost ground. With policy support still flowing and consumers feeling less... 20th December 2023 · 3 mins read
Capital Daily Are China’s equities finally about to stage a comeback? We think China’s equities could outperform those elsewhere in the near term, but suspect their longer-run outlook is fairly bleak. 15th December 2023 · 4 mins read
China Rapid Response Activity & Spending (Nov.) The main bright spot was a healthy pick-up in industrial output thanks to the strength in exports. Retail sales and fixed investment remained resilient. Meanwhile, troubles in the property sector... 15th December 2023 · 4 mins read
China Economics Weekly Officials in denial about extent of structural slowdown Policymakers seem to believe that with a bit of stimulus and a turnaround in sentiment, the economy can get back on a stronger path. While there is some truth to this, we think that officials are... 15th December 2023 · 6 mins read
