China's more pragmatic 'zero-Covid' inevitably spikes infections: witness lockdown in Zhengzhou and Foxconn factory riot. Reminder of China's deep links with global supply chain, particularly top alternative manufacturing location Vietnam. 'China +1'...

US and China spar in their spheres of cooperation and competition. ASEAN and India seek ever narrower neutral space. US-China friction creates opportunity for others in Asia with low-cost manufacturing and external account, eg Vietnam. Any new signal...

Manufacturing growth can boost technology transfer (via FDI), consumption (job creation), FX reserves (exports). Needs benign business climate, tariffs (export market access), logistics, and cheap, reliable inputs (wages, power). We scan emerging mar...

Amid overall gloomy outlook, updated forecasts for 2023 imply bigger gap between faster-growth EM and slower-growth DM. In Large EM, India and Indonesia, and in Small EM, Bangladesh, Kenya, Philippines and Vietnam stand out for fast growth. Rare unch...

We are positive: on just 3 Asian Emerging Markets. We are negative: on the remaining 7 Asian markets. We believe: in the following 10 Asian single stocks.

H1 22 – Profits reduced due to high costs; adverse effects from geopolitical tensions and global monetary tightening. Gross profit margin has little chance to improve in the H2 as steel prices have not recovered significantly. We recommend 'Observe'....