2020 Forecast: Asia

[The Lawspeaker]

GANJA - Some years are overshadowed by finances, some by politics, and some by conflict. In Asia, all three will linger throughout 2020. China’s economic slowdown will continue to delineate the regional economic outlook. Additionally, due to uncertainties over global trade agreements, many governments are left with no tools to address their local issues. This has given rise to economic inequality and financial austerity measures, which have resulted in social unrest. So, let’s talk about the risks, trends and overall geopolitics of Asia-Pacific in 2020.

[sean]

All the rich Chinese own property and keep their money in Swiss bank accounts or Western countries. Xi Jinping for instance, his siblings live in UK and Canada, and he himself has billions of dollars in property assets and bank accounts, many of which are probably in Europe.