Asia week ahead: Fourth-quarter growth numbers dominate the calendar
What to expect from 4Q GDP? Hong Kong SAR, Korea, Taiwan and the Philippines will release their GDP performance in the final quarter of 2020. Like China, Taiwan continued to buck the region-wide negative GDP trend in the last quarter of 2020. Not only staying in the positive territory, but growth also gained further traction to our house forecast of 4.2% year-on-year in 4Q from 3.9% in 3Q. Accelerating exports are driving the growth – a trend hinging on how the global semiconductor cycle pans out this year. As of ...
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