Overall it's still good. It will continue to expand at a blistering pace for at least the first half.
More Quotes from Chua Bin:
A strong tech recovery is lifting fourth-quarter manufacturing and GDP growth. Pharmaceuticals have also come back with a vengeance in the second half, after languishing in the first half.Chua Bin
We think fourth-quarter GDP figure will be very weak. Car sales plunged following the very aggressive rate tightening and fuel subsidy cuts.
Chua Bin
There's no way any new government will want to push through privatization. Whatever the end game looks like, the paralysis in terms of economic policies is still a threat.
Chua Bin
It's the relative-competitiveness angle. If China has a currency that is going to appreciate, then your currency becomes more competitive relative to China and your exports should do better.
Chua Bin
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I was gratified to be able to answer promptly, and I did. I said I didn't know.
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