The outlook from Asia is strong, Deutsche Bank’s economists note, as they wonder in a monthly regional report is this “As good as it gets?” The Asian economy, while displaying signs of strength, is also the subject of flashes, the report notes.
It is exports that drive the Asian economy
Asian exports have rebounded sharply in the first quarter of 2017, in part dispelling the negative notion that the export engine had suffered a structural break. The “Asian export puzzle” is the primary