China is expected to recover in 2021 but the recovery speed depends on the opening of other markets while ASEAN stands to gain from supply chain diversification if it can finally act as a unified entity
KUALA LUMPUR, June 16 (Bernama) — CIMB ASEAN Research Institute (“CARI”) hosted another CARI Briefings webinar under its COVID-19 Economic Recovery Plan Series, titled ‘How Can ASEAN Bounce Bank: China’s Economic Trajectory and ASEAN: The New Abnormal: Navigating the Post-Pandemic World.’ The session featured Pauline Loong, Managing Director of Hong Kong-based research consultancy Asia-Analytica and Senior Fellow of CARI, an award-winning policy risk analyst specialising in China’s broader political economy. Moderated by Tan Sri Dr. Munir Majid, Chairman of CARI, the discussion centred on China’s economic recovery and how it would shape the new normal, and how ASEAN can embark on a robust economic recovery path.