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Asia Forecast Short-term Forecast on Asian Economies
（June 2020 forecast /2020Q2-2022Q1）
China in 2020 will be Negative Growth due to Weak External Demand
―ASEAN4 is severely Effected by Lockdown―
2020/06/05
JCER released June 2020 forecast on Asian Economies.
China/ASEAN4 Economic Outlook
- China's 2020 Q1 real GDP contracted by 6.8%. Manufacturing output and consumption have been gradually recovered since April. However deteriorating external demand puts downward pressure on output, we expect that China’s growth rate in 2020 Q2 is also negative. China’s GDP is projected to contract by 0.2% in 2020 and to rebound by 9.1% in 2021.
- ASEAN4’s economy is also negatively affected by lockdown. The overall growth rate of ASEAN4 is projected to be significantly negative in 2020 Q2, nearly 8%. There countries are turning to economic resumption, but the growth rate is expected to fall to -3.0% in 2020, then increase to 6.4% in 2021.
【China/ASEAN4 Economic Outlook】
Past forecasts (-2018) are available HERE.
- 2022/12/15
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China’s GDP will not surpass that of the U.S.
-- Taiwan set to overtake Japan in 2022 in terms of GDP per capita
Medium-Term Forecast of Asian Economies December 2022 Issue 2022-2035
- 2022/06/14
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China’s Zero-COVID Policy Puts Downward Pressures on China and ASEAN4
Short-term Forecast on Asian Economies June 2022 forecast 2022Q2-2024Q1
- 2022/03/17
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Currently Limited Negative Impacts of the Russia-Ukraine War
Short-term Forecast on Asian Economies March 2022 forecast 2022Q1-2024Q1
- 2022/02/18
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Sweden ranks first globally in Digital Potential
-- Japan ranks 16th in JCER’s newly developed index
Medium-Term Forecast of Asian Economies
- 2021/12/22
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Moderate Recovery in China and ASEAN4 Supported by Private Consumption
Short-term Forecast on Asian Economies December 2021 forecast 2021Q4-2024Q1
