Economy

The economic outlook for Hong Kong is steadily improving, following the outbreak of SARS, which led to a sharp fall in second-quarter GDP. BMI is now forecasting growth of 3.0% in... 2004-02-09

Taiwan's economy grew by 4.3% y-o-y in the third quarter of 2003. We are forecasting full-year growth of 4.0% for 2003, and 5.4% for 2004. Taiwan does, however, remain dependent on... 2004-02-09

South Korea's currency, the won, is likely to strengthen this year despite the fact that the government has slapped restrictions on currency trading in order to keep the won down.... 2004-01-26

South Korea will not easily kick its habit of protecting its industries and rejecting free trade. BMI View: In time, however, the fear of openness will fade. Bilateral trade deals... 2004-01-26

At the end of 2003, the Chinese government approved an injection of US$45bn into two of the country’s state-owned banks, the Construction Bank of China, and the Bank of... 2004-01-23

China’s economy grew by 9.1% in 2003, its fastest rate since 1997. Strong growth, albeit slightly slower, is forecast for 2004. BMI View: A slowdown in investment and exports,... 2004-01-23