Asian economies should benefit from a rebound in domestic consumption as well as exports in 2022, according to the 2022 Emerging Markets Outlook from Mirae Asset Global Investments.
“Similar to the rest of the world, Asian capital markets continued to experience volatility in 2021 due to the ongoing COVID-19 pandemic. However, high vaccination rates, improving mobility metrics, and policy shifts to a ‘living with COVID’ approach are all positive signs supporting a post-pandemic reopening,” wrote CIO Rahul Chadha. “Current macroeconomic conditions lead us to remain optimistic on India, South Korea, Vietnam, and select (but significant) opportunities in China as we look ahead.”
Download the full 2022 EM Outlook on miraeasset.eu.