China is contending with a low birthrate and population aging similar to Japan with the added challenge of facing these headwinds before it becomes affluent. China can learn from Japan’s lost decades by raising productivity through structural reforms to sustain economic growth.
4 min read | March 2023
We present our framework on growth cycles and the intersection between Asia’s inventory and final demand cycles.
2 min read | March 2023
Our analysis suggests developed market economies are more at risk of hard landings this time than emerging market economies, a break from the usual pattern.
3 min read | February 2023
FX Strategist
Cross-Asset Macro Strategist