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Asia Economy

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jQuery('.fa-search').show(); }); </script> <!-- Global site tag (gtag.js) - Google Ads --> <script async src="https://www.googletagmanager.com/gtag/js?id=AW-10878662245"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'AW-10878662245'); </script> <div class="container"> <div class="empty-space marg-lg-b40 marg-sm-b20 marg-xs-b15"></div> <div class="tt-title-block custom-color-properties-1001 style2"> <h3 class="tt-title-text">Latest News: Asia Economy</h3> </div> <div class="empty-space marg-lg-b20 marg-xs-b15"></div> <div class="row"> <div class="col-md-8"> <div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/red-sea-shipping-disruption-may-last-at-least-a-few-months"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2024/01/AF-featured-november-2023-1-1-300x200.png" class="img-responsive wp-post-image" alt="Red Sea Shipping Disruption May Last ‘at Least a Few Months&#8217;"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/red-sea-shipping-disruption-may-last-at-least-a-few-months">Red Sea Shipping Disruption May Last ‘at Least a Few Months&#8217;</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Wednesday January 17, 2024</span></div> <div class="simple-text"><p>The situation in the Red Sea has remained volatile despite extensive efforts by a US-led coalition to avert attacks by Houthi militants</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/japan-looking-to-trim-budget-for-first-time-in-12-years"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2022/11/People-consider-products-at-a-drug-store-in-tokyo-Rs-25-11-22-300x218.jpeg" class="img-responsive wp-post-image" alt="Japan Looking to Trim Budget for First Time in 12 Years"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions" rel="category tag">Regions</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/japan-looking-to-trim-budget-for-first-time-in-12-years">Japan Looking to Trim Budget for First Time in 12 Years</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Thursday December 21, 2023</span></div> <div class="simple-text"><p>The move reflects the government's will to restore the tattered public finances and revive a lacklustre economy</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/fears-of-chinas-japanization-weigh-on-asia-economic-outlook"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/09/Chinas-Xi-seen-on-giant-screen-Rs-300x200.jpg" class="img-responsive wp-post-image" alt="Fears of China&#8217;s &#8216;Japanization&#8217; Weigh On Asia Economic Outlook"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions" rel="category tag">Regions</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/fears-of-chinas-japanization-weigh-on-asia-economic-outlook">Fears of China&#8217;s &#8216;Japanization&#8217; Weigh On Asia Economic Outlook</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Saturday October 14, 2023</span></div> <div class="simple-text"><p>Chinese policymakers "seem to be ignoring everything they learned” from Japan's 15-year period of economic stagnation, one official warned</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/economic-risks-mount-for-asia-as-israel-declares-war-on-hamas"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/10/rei-300x200.jpg" class="img-responsive wp-post-image" alt="Economic Risks Mount for Asia as Israel Declares War on Hamas"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/economic-risks-mount-for-asia-as-israel-declares-war-on-hamas">Economic Risks Mount for Asia as Israel Declares War on Hamas</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Monday October 9, 2023</span></div> <div class="simple-text"><p>As trading started in Asia on Monday, investors were seen flocking to safe haven assets like gold, the dollar and US Treasuries, while equities and currencies across the region fell</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/japan-gdp-grows-at-fastest-pace-in-two-years-experts-sceptical"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2022/11/People-consider-products-at-a-drug-store-in-tokyo-Rs-25-11-22-300x218.jpeg" class="img-responsive wp-post-image" alt="Japan GDP Grows At Fastest Pace in Two Years; Experts Sceptical"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/north-asia" rel="category tag">North Asia</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/japan-gdp-grows-at-fastest-pace-in-two-years-experts-sceptical">Japan GDP Grows At Fastest Pace in Two Years; Experts Sceptical</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Tuesday August 15, 2023</span></div> <div class="simple-text"><p>Experts say the data, which masks underlying weakness in the household sector, "doesn't mean a strong recovery in Japanese economy"</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/chinese-energy-storage-battery-firms-plan-1bn-vietnam-plants"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2021/05/2021_01_15t204136z_1_lynxmpeh0e1i8_rtroptp_4_usa_vietnam_currency-300x200.jpg" class="img-responsive wp-post-image" alt="Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/southeast-asia" rel="category tag">Southeast Asia</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/chinese-energy-storage-battery-firms-plan-1bn-vietnam-plants">Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Thursday June 8, 2023</span></div> <div class="simple-text"><p>Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/indo-pacific-nations-us-to-set-up-supply-chain-crisis-hotline"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/05/AF-featured-2-5-300x200.png" class="img-responsive wp-post-image" alt="Indo-Pacific Nations, US to Set Up Supply Chain Crisis Hotline"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/indo-pacific-nations-us-to-set-up-supply-chain-crisis-hotline">Indo-Pacific Nations, US to Set Up Supply Chain Crisis Hotline</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Sunday May 28, 2023</span></div> <div class="simple-text"><p>Supply chain negotiations are one of four "pillars" of the IPEF, which is Biden administration's main economic initiative in Asia and aims to provide the region an alternative to closer ties with China</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/pakistan-cuts-internet-indefinitely-amid-imran-khan-arrest-fury"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/05/AF-Featured-images-21-300x200.png" class="img-responsive wp-post-image" alt="Pakistan Cuts Internet Indefinitely Amid Imran Khan Arrest Fury"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/southeast-asia" rel="category tag">Southeast Asia</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/pakistan-cuts-internet-indefinitely-amid-imran-khan-arrest-fury">Pakistan Cuts Internet Indefinitely Amid Imran Khan Arrest Fury</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Wednesday May 10, 2023</span></div> <div class="simple-text"><p>Access to social media has been restricted in the country of 220 million, after video clips spread of violent protests. Many police cars and state buildings were set ablaze in Punjab province</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/south-korea-slides-toward-recession-with-record-trade-deficit"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2022/02/china-us-trade-reuters-300x206.jpg" class="img-responsive wp-post-image" alt="South Korea Slides Toward Recession With Record Trade Deficit"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/south-korea-slides-toward-recession-with-record-trade-deficit">South Korea Slides Toward Recession With Record Trade Deficit</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Wednesday February 1, 2023</span></div> <div class="simple-text"><p>Leading the sluggish trade performance in January were a 44.5% dive in semiconductor exports and a whopping 31% plunge in sales to China</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/chinas-2022-smartphone-sales-plunge-to-lowest-in-a-decade"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2022/03/People-walk-past-an-ad-for-Huaweis-Honor-smartphones-at-an-airport-in-Shenzhen-Guangdong-province-Feb-27-2019.-RtrsStringer-300x200.jpg" class="img-responsive wp-post-image" alt="China&#8217;s 2022 Smartphone Sales Plunge to Lowest in a Decade"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/world" rel="category tag">World</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/chinas-2022-smartphone-sales-plunge-to-lowest-in-a-decade">China&#8217;s 2022 Smartphone Sales Plunge to Lowest in a Decade</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Sunday January 29, 2023</span></div> <div class="simple-text"><p>Android handset maker Vivo was the top-selling brand in the country, but its total shipments fell 25.1% year-on-year</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/onions-like-gold-in-inflation-saddled-philippines-guardian"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/01/featured-2-300x200.png" class="img-responsive wp-post-image" alt="Onions ‘Like Gold’ in Inflation-Saddled Philippines – Guardian"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/southeast-asia" rel="category tag">Southeast Asia</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/onions-like-gold-in-inflation-saddled-philippines-guardian">Onions ‘Like Gold’ in Inflation-Saddled Philippines – Guardian</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Thursday January 26, 2023</span></div> <div class="simple-text"><p>The vegetable is being likened by some to gold, as Covid’s impact on small and medium businesses and a bout of natural disasters have turned staples into luxuries</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div><div class="tt-post has-thumbnail type-6 clearfix post-430 post type-post status-publish format-standard has-post-thumbnail hentry category-business category-culture tag-all tag-health tag-politics"> <a class="tt-post-img custom-hover" href="https://www.asiafinancial.com/chinas-first-population-decline-in-60-years-sparks-concern"> <img width="288" height="180" src="https://www.asiafinancial.com/wp-content/uploads/2023/01/1-300x182.jpg" class="img-responsive wp-post-image" alt="China’s First Population Decline in 60 Years Sparks Concern"> </a> <div class="tt-post-info"><div class="tt-post-cat"><a href="https://www.asiafinancial.com/regions/southeast-asia" rel="category tag">Southeast Asia</a></div> <a class="tt-post-title c-h5" href="https://www.asiafinancial.com/chinas-first-population-decline-in-60-years-sparks-concern">China’s First Population Decline in 60 Years Sparks Concern</a><div class="tt-post-label"> <span class="tt-post-author-name"><a href="https://www.asiafinancial.com/author/vishakha-saxenaasiafinancial-com">Vishakha Saxena</a></span> <span class="tt-post-date">Tuesday January 17, 2023</span></div> <div class="simple-text"><p>Domestic demographers lament that China will get old before it gets rich, slowing the economy as revenues drop and government debt increases</p></div> </div></div><div class="empty-space marg-xs-b0 marg-lg-b30"></div> <div class="text-center"><ul class="page-numbers"> <br /> <b>Notice</b>: Undefined variable: args in 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