JP Morgan sees Asia's growth widening beyond tech exports
JP Morgan's view is that the region's expansion is moving toward steadier growth, with technology no longer the sole driver of exports.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
JP Morgan said Asia's expansion is shifting from an export boom led mostly by technology toward more balanced growth. AI infrastructure investment is cited as a driver of the region's economic boom. Eastspring Investments' Ken Wong said Southeast Asian countries are somewhat behind and need to do more as supply chain providers for AI and tech trades.
Why it matters
He said Southeast Asian countries need to do more to become supply chain providers for AI and tech trades.
Timeline
- Oct 12, 7:06 AM ET: JP Morgan said Asia's expansion is broadening beyond an export boom led mostly by technology.
- Oct 12, 11:37 PM ET: Eastspring Investments' Ken Wong said Southeast Asia is playing catch-up and must do more as an AI and tech supply chain provider.
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