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Asia Forecast Short-term Forecast on Asian Economies
（August 2019 forecast /2019Q3-2021Q2）
Economies decelerate due to prolonged US-China Trade Friction
―The effects of China's economic stimulus measures remain limited―
2019/08/28
JCER released August 2019 forecast on Asian Economies.
China/ASEAN4 Economic Outlook
- China's real GDP growth rate slowed to 6.2 percent in the second quarter of 2019. The effects of China's economic stimulus measures, which mainly focus on large-scale tax cuts and infrastructure construction, have not yet materialized. Industrial production also fell to its lowest level in 17 years. Increased uncertainty amid the prolonged US-China trade friction will weigh on China's growth, hence the 2020 GDP outlook has been revised downward.
- In ASEAN4, consumption will remain steady while there is concern about the stagnation of exports due to the weakness of the Chinese economy. The 2020 GDP outlook has been lowered from our previous forecast. Local authorities are working on stimulus measures, such as cutting interest rates (Indonesia, Thailand and the Philippines).
【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
