Asia-Pacific industrial outlook remains cloudy despite easing China-US tensions

Date: 18 June

The agreement to lower US tariffs against China to “only” 30% may improve prospects there somewhat, but the region as a whole is still set for sluggish growth in industrial activity. Trade diversion and supply chain reorganisation may present opportunities for some countries, but the strong possibility of additional tariffs on key export sectors such as consumer electronics and semiconductors will cast a long shadow.

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Makoto Tsuchiya
Makoto Tsuchiya

Economist

Makoto Tsuchiya

Makoto Tsuchiya

Economist

Tokyo, Japan

Makoto Tsuchiya is an Economist at Oxford Economics. He oversees the forecast and analysis of the electronics sector, including semiconductors. He also works on a wide range of client projects, by way of producing bespoke forecasts as well as written reports. Makoto has a Bachelor’s degree from Temple University Japan where he majored in Economics with a minor in Business Studies. He also has sophisticated knowledge in the corporate accounting field.

Toby Wittington
Toby Whittington

Lead Economist

Toby Wittington

Private: Toby Whittington

Lead Economist

London, United Kingdom

Toby Whittington oversees the Industry Service coverage for the Asia-Pacific region. His principal focus is on sectoral trends across Asia in key industries such as automotives, chemicals and high-tech goods. Before taking on his current role, Toby oversaw Oxford Economics’ energy forecasts, covering the oil & gas and renewables sectors. Toby is currently based in Singapore having previously worked for Oxford Economics in the UK and US.

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