Year of the Ox outlook: Will Biden benefit Apac markets?
The new US president's focus on diplomacy and multilateralism could benefit emerging market equities and it could place a broader array of pressure on China.
Which Asia Pacific countries have the most to gain, and which the most to lose, from the Biden presidency?
Answer: Most to gain – emerging markets (ex-China)
Most to lose – China
Joe Biden Jr. knew what he was getting into.
Now that he is in office, the 46th president of the US has his hands full trying to find a way to unite his people and guide the US through the coronavirus pandemic, while preventing an economic decline. Plus the world's eyes will be on how he will deal …
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