Good MornING Asia - 7 May 2021

In the Asia section of our latest Monthly Economic update we discuss what went wrong in India to take the country from a manageable Covid-19 situation to an overwhelmed medical system in only one month and what this means for the Indian and global economy. We also look at China’s push ahead with deleveraging reforms

In this bundle

India

Asia: What went wrong in India?

While there is a narrative that talks about double mutations and Indian variants, mass rallies, sporting events and religious festivals probably also…

and

China

China deleveraging spurred on by recovery

China's economic recovery seems to be sustainable, although the high GDP growth number was partly due to the low base effect. Given this background,…

Asia week ahead

Asia week ahead: Lots of Chinese and Indian data

Lots of data from China and India will tell us about the state of these economies coming into 2Q21. Malaysia and Philippines post GDP report cards for…