China is a significant net creditor to the rest of the world. At the end of 2020, its foreign assets totaled US$8,704 billion, or 59.1% of GDP,...
Eurozone | Capex prospects brighten as industry rebounds
Posted by Oliver Rakau on Mar 22, 2021
We expect eurozone business investment to stage a vigorous recovery this year, boosted by a rebound in sales as the economy reopens. Booming...
China | The surge in capital flows may be just beginning
Posted by Louis Kuijs on Mar 5, 2021
China’s capital in- and outflows have risen strongly since early 2020, following the easing of policy restrictions both ways. However, China’s...
Global | Equities: How to play a consumer recovery
Posted by Daniel Grosvenor on Feb 19, 2021
We see scope for a significant recovery in consumer spending this year ashouseholds begin to run down their savings buffers. We identify the...
How and when will US corporates spend their cash?
Posted by Daniel Grosvenor on Feb 3, 2021
US listed companies have built up record cash balances during the pandemic so far. An ongoing earnings recovery may encourage them to put some of...
Too soon to add exposure to Turkey
Posted by Regis Chatellier on Feb 1, 2021
Turkish policies have revealed a little light, but the economy remains deep in the woods. There have been some positive developments over the past...