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Asia Forecast Short-term Forecast on Asian Economies (December 2019 forecast /2019Q4-2022Q1)

China’s Economy continues to slow due to Limited Economic Measures

―Relocating production bases from China will have positive effects for ASEAN4―

Research Director:Shinichi NISHIOKA
  Chief Forecaster
Deputy Director:Eriko TAKAHASHI
  Senior Economist
Mitsuki Shirasu Trainee Economist
   
Shengkai Huang Trainee Economist
   

2019/12/03

JCER released August 2019 forecast on Asian Economies.

China/ASEAN4 Economic Outlook 

  • China's 2019 Q3 real GDP growth slowed to 6.0%. Investment in fixed assets in October was at a record low, despite a boost in local government bond issuance to finance infrastructure construction. The United States and China have yet to finalize a trade deal, heightening economic uncertainty. Thus China’s 2020 and 2021 growth outlook is expected to slow to 5.9%.
  • In ASEAN4, the prolonged US-China friction has slowed economic growth, leading to further monetary easing. Local authorities also plan to promote deregulation and corporate tax cuts, to accelerate production relocation from China. The 2019 and 2020 ASEAN4 GDP outlook has been revised downward, while growth is expected to recover moderately in 2021.

【China/ASEAN4 Economic Outlook】

 

2020/09/15

Economic Recovery – Solid for China, Soft for ASEAN4

Short-term Forecast on Asian Economies September 2020 forecast 2020Q3-2022Q1

Research Director:Kei-Ichiro INABA/ Deputy Director:Akira TANAKA/ Tomohiko KOZAWA Trainee Economist/ Takuto IREI Trainee Economist

2020/06/05

China in 2020 will be Negative Growth due to Weak External Demand

―ASEAN4 is severely Effected by Lockdown―

Short-term Forecast on Asian Economies June 2020 forecast 2020Q2-2022Q1

Research Director:Shinichi NISHIOKA/ Deputy Director:Akira TANAKA/ Economist:Tetsuo KAN/ Aiko Munakata Trainee Economist

2020/03/03

New Coronavirus disrupts China’s income doubling goal

―Negative effects spread to ASEAN4―

Short-term Forecast on Asian Economies March 2020 forecast 2020Q1-2022Q1

Research Director:Shinichi NISHIOKA/ Deputy Director:Akira TANAKA/ Yusuke Masuda Trainee Economist/ Tatsuya Wakasugi Trainee Economist

2019/12/05

Digital Asia under U.S.-China confrontation: the future of innovation and city economies

Medium-Term Forecast on Asian Economies December 2019 Issue 2019-2035

Masashi UEHARAEriko TAKAHASHITamaki SAKURATetsuo KAN/ Aiko MUNAKATA Economist/ Motohiko KITAHARAGo YAMADA

2019/12/03

China’s Economy continues to slow due to Limited Economic Measures

―Relocating production bases from China will have positive effects for ASEAN4―

Short-term Forecast on Asian Economies December 2019 forecast 2019Q4-2022Q1

Research Director:Shinichi NISHIOKA/ Deputy Director:Eriko TAKAHASHI/ Mitsuki Shirasu Trainee Economist/ Shengkai Huang Trainee Economist