Near term: Fair chance of upside surpriseWe see the Chinese economy growing well above 8% this year, powered mainly by robust exports. That will help Chinese exports of electronic gadgets and high-tech components. If true, that means that the demographic headwinds to China’s economic growth have appeared much earlier than expected. If Chinese economic growth surges in the second half to well over 9%, as is possible, our region would benefit strongly. Third, as China’s economy outperforms expectations, its currency would tend to strengthen again.

Source: The Edge Markets April 30, 2021 18:22 UTC