Contents

Citi Key Economic Forecasts 3
Macro Overview: Exiting the Sweet Spot 4
Asian Currencies & Interest Rate Forecasts 17
Country Section 19
Bangladesh 20
China 24
Hong Kong 28
India 32
Indonesia 36
Malaysia 40
Pakistan 44
Philippines 48
Singapore 52
South Korea 56
Taiwan 60
Thailand 64
Vietnam 68
Appendix: Sovereign Risk Ratings Summary 72
Recent Publications 73
Asia-Pacific Economics and Market Analysis 74
Appendix A-1 76