Closer examination of China-linked trade and investment will raise costs, but commercial ties will endure.

Corporate investment and exports will sustain growth amid tepid household demand

The five-year plan deepens integration with China while drawing on local institutional advantages.

Hong Kong will preserve efficient policymaking and an open commercial environment, despite weaker political scrutiny.

The PIF’s non-unanimous missile-test response shows that divergent interests will undermine geopolitical unity.

Growth in Hong Kong slowed from an exceptionally strong first quarter, but trade-linked services will support expansion.

Hong Kong and Singapore will serve different functions within increasingly diversified family-office structures.

AI-led trade will support growth in ASEAN, but US tariff risks are rising.

Tighter controls will formalise mainland capital flows but weigh on property prices and consumption

The government is reducing fuel-import dependence through renewables, EVs and regional power integration

The latest rate rise supports our policy normalisation forecast, but the tapering of JGB purchases will remain cautious

Conflict-driven fuel and currency shocks will revive inflation, fiscal pressures and sovereign-risk concerns in Laos

Strong growth reinforces Hong Kong’s role as a financial hub, but structural shifts will shape consumption patterns.

We expect the central bank to sanction a 25‑basis-point rate increase in its next meeting in June

Economic growth increasingly benefits sectors that are able to draw on growing integration with the mainland

The BOJ will face growing pressure from the competing demands of sticky inflation and debt-sustainability concerns

Leadership continuity will maintain policy stability, but ambitious growth targets are unlikely to be met

The verdict on Jimmy Lai reinforces a tighter political environment, while the business environment remains strong

The election solidifies executive control, but low turn-out and arrests underscore public disengagement