Buoyant outlook for emerging markets

Malaysia’s export sector is estimated to rise by 3.3% in 2021, due to the improved economic performance of its trading partners, especially China, said Socio Economic Research centre executive director Lee Heng Guie.(pic)

THE prospects for emerging markets are buoyant as they will likely get a lift from Americans receiving US$1,400 cheques from the US government and putting the money into the stock market.

Coupled with the export-driven recovery in China, hopes are that a virtuous cycle will be set into motion, leading to a sustained global recovery.