In this week’s EM Pulse the team discussed:

• Chinese equities have staged a 2025 rebound, supported by strong foreign inflows.
• Deflation continues despite above-target first-half GDP growth, which has been driven by exports and a modest recovery in consumer demand.
• China’s upcoming five-year plan, expected this fall, is set to shape future policy direction and stimulus measures.
• Taiwanese equities are on track for a third consecutive year of gains, fueled by strength in the AI sector.
• Taiwan’s export-driven economy continues to accelerate, with the U.S. recently overtaking China as its top export destination.

Contact us if you are interested in watching the recording of the call and its contents.