Asia’s tug of war as China grows and the US slows

While the pandemic is effectively over, its aftershocks remain for Asian economies. Balance sheets of households, firms and government will need rebuilding and bottlenecks will need to be eased. Plus, policy space is limited and the extent of the structural dislocations are not fully known. Unlike in the aftermath of the Asian Financial Crisis or the Global Financial Crisis, Asia’s growth recovery is likely to be more difficult. Plus, a spotlight on China. There is a post-Covid growth bounce but is it sustainable? We look at tussle between the cyclical pick up and the structural drag on the economy. What does the medium-term future look like?

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Arup Raha
Arup Raha

Head of APAC Economics

+65 6850 0124

Arup Raha

Arup Raha

Head of APAC Economics


Arup Raha is the Head of APAC Economics at Oxford Economics. He leads a strong 10-member team with responsibility for the coverage of several Asian economies, including China, Japan and India. Arup started his career as an economist with the World Bank in Washington DC and then went on to build a successful career in the financial services industry. Arup has previously been the Chief Economist for Asia-Pacific for 3 global banks, namely UBS, Citi and HSBC and has also been the Head of India Equity Research for JP Morgan. Arup has a B.A. (Honors) in Economics from St Stephen’s College, Delhi, a M.A. in Economics from the Delhi School of Economics, and a Ph.D in Economics from Vanderbilt University in the US.

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