Asia Key Issues
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The early damage in India from Covid-19 and the nationwide lockdown likely was significant enough to hammer the GDP report for the first quarter, due tomorrow.... More by Freya Beamish
Japan's all-industry activity index dropped by 3.8% month-on-month in March, worse than the 0.7% slip in February.... More by Freya Beamish
We've suspected that China's GDP targeting system was on its last legs for some time now.... More by Freya Beamish
Japan's export data for April unsurprisingly were abysmal, driving a massive deterioration in the trade balance, which flipped from a modest ¥5B surplus in March, to a ¥930B deficit.... More by Freya Beamish
Core machine orders in Japan held up surprisingly well in March, slipping by just 0.4% month-on-month, erasing only part of the 2.3% increase in February.... More by Freya Beamish
The annual National People's Congress meeting of China's legislature will get underway at the end of this week, after delay due to the Covid outbreak.... More by Freya Beamish
Japan's economy contracted by 0.9% quarter-on- quarter in Q1, following a downwardly-revised 1.9% plunge in the previous quarter.... More by Freya Beamish
China's two-tier post-lockdown economic revival continued in April. Industrial production beat expectations easily, rising by 3.9% year-over-year, after slipping by 1.1% in March.... More by Freya Beamish
Japan's GDP likely dropped by 1.1% quarter- on-quarter in the first quarter, even from the favourable Q4 base, when it fell by 1.8%.... More by Freya Beamish
Korea's unemployment rate was unchanged in April, at 3.8%, beating even our below-consensus forecast for only a minor uptick, to 3.9%.... More by Freya Beamish
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