Episode 73: When will APAC economy recover? A regional outlook for 2021
With the worst economic contraction in recent history (-1.5%) in 2020, the Asia Pacific region is poised for 5.7% y/y growth in 2021—that is, assuming we see a successful vaccine roll out and a slowing in Covid-19 cases. But, recovery is not without its bumps. 2021 promises to be a year of uncertainty and the of pace of the recovery will be differentiated across the region. Join our Chief Asia Pacific Economist, Rajiv Biswas, in today’s episode to gain an understanding of the regional economic recovery. He provides a deep look at China, Japan, and India; discusses sector recovery; and most critically, provides his analysis of the impact the restructuring of the manufacturing supply chain will have on future growth.
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