Speaking on a panel at the Milken Institute's Asia Summit 2024 on Sept 19, he says that while Asia’s outlook has historically been tied to China, a steady decoupling has been taking place, as seen in the rewiring of supply chains and the displacement of investments from the global power to other countries in the region.
Bank of Singapore’s (BOS) chief investment strategist (CIS), Eli Lee, sees that the outlook for Asia remains fairly bright, especially if investors understand the “business of choosing your spots.”
“I think that the bifurcation that we're seeing in the world is really reflected in the microcosm of Asia today, in the sense that there is a real search for safe havens within Asia,” says Lee.
