Substantial trade linkage notwithstanding, Asean’s near-term outlook is not particularly vulnerable to the ongoing slowdown in China . Asia faces many macro risks, but a slowing China in not at the top of the list. Global inflation threat is a non-China factor Chinese tourists have been largely non-existent since 2020, hence there is no additional downside. Asean’s trade with China is a global demand beta that can withstand a domestic demand slowdown. US interest rates, global capital flows, and food/fuel prices matter more for Asean. Full commentary and analysis available here.

<p>Substantial trade linkage notwithstanding, Asean&rsquo;s near-term outlook is not particularly vulnerable to the ongoing slowdown in China . Asia faces many macro risks, but a slowing China in not at the top of the list. Global inflation threat is a non-China factor Chinese tourists have been largely non-existent since 2020, hence there is no additional downside. Asean&rsquo;s trade with China is a global demand beta that can withstand a domestic demand slowdown. US interest rates, global capital flows, and food/fuel prices matter more for Asean. Full commentary and analysis available <a href="https://www.dbs.com.sg/corporate/aics/templatedata/article/generic/data/en/GR/052022/220530_insights_weekly.xml">here</a>.</p>

Kopi time is a podcast series on insights from markets and economies around the world, hosted by Taimur Baig, Ph.D., Chief Economist of DBS Bank Ltd.

<p>Kopi time is a podcast series on insights from markets and economies around the world, hosted by Taimur Baig, Ph.D., Chief Economist of DBS Bank Ltd.</p>

Kopi Time podcast with Taimur Baig

DBS Economics & Strategy

Kopi Time E078 - China slowdown and implications for Asean growth

https://api.omny.fm/orgs/f6ad7490-363d-4f1f-8948-abf300412a6f/clips/4dbfe832-fbf2-478d-8688-aea50091814a/transcript

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