Contents

Citi Key Economic Forecasts 3
Macro Overview: Enjoy the “Sweet Spot” while it lasts 4
Asian Currencies & Interest Rate Forecasts 13
Country Section 15
China 16
Hong Kong 20
India 24
Indonesia 28
Malaysia 32
Pakistan 36
Philippines 40
Singapore 44
South Korea 48
Taiwan 52
Thailand 56
Vietnam 60
Appendix: Sovereign Risk Ratings Summary 64
Recent Publications 65
Asia-Pacific Economics and Market Analysis 66
Appendix A-1 68