Sunday, February 18 2018 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 11 hours 46 min ago
The potential increase of tensions between Iran and US and the North Korean crisis are the main hot spots in the month which should be closely monitored. The political uncertainty in Spain after the Catalonian failed independence attempt took up the national and international attention too.
The One Belt One Road (OBOR) initiative provides an overarching framework for China to achieve its economic and strategic ambitions. China’s large industrial overcapacity, surplus capital and efforts to secure resources complement the need to address infrastructure and funding constraints in OBOR countries. That said, challenges faced by OBOR initiative are significant.
Our China Vulnerability Sentiment Index (CVSI) notched its fourth straight month of improvement in October, reflecting favourable policy mix, marked by accommodative fiscal policy to stabilise growth and prudent monetary and regulatory measures to curb financial fragility risks. China’s focus on quality of growth at 19th Party Congress bodes well for CVSI going forward.
The November FOMC meeting is not expected to deliver any policy course alteration. Financial markets will remain watchful of the statement’s tweaks on inflation wording
In August 2017, the nominal annual growth rate of traditional bank deposits (demand + term) was 9.9%, 1.1 percentage points lower than that observed in the previous month and 2.7 percentage points lower than the rate registered in August 2016
In recent days we have again seen that there is still a risk of the Trump administration's leaving the North American Free Trade Agreement (NAFTA). The exchange rate reflects this fear
The Cambiemos administration, led by President Macri, will begin its third year of office strengthened by the result of the mid-term elections last Sunday. The ruling party won 41% of the votes for national deputies and won 13 of the 24 Argentine provinces, including the city of Buenos Aires.