FILE PHOTO: Vaccinators wear protective masks as they get their temperature checked, during an anti-polio campaign, in a low-income neighborhood as the spread of the coronavirus disease continues, in Karachi, Pakistan, July 20, 2020. REUTERS/Akhtar Soomro
“There’s a sense of optimism going forward,” said Antonio Fatas, Singapore-based economics professor at global business school INSEAD. While the United States and Britain have already started vaccinating their populations, few Asian countries expect to get significant amounts of coronavirus vaccines in coming weeks.
The coronavirus pandemic has brought on the worst global economic slowdown since the Great Depression, with millions of jobs lost and industries brought to their knees. According to the Thomson Reuters INSEAD survey, some 44% of the companies polled in the fourth quarter were positive about their outlook for the next six months, up sharply from 28% in the third quarter and nearly 8% in the second.
China leads Asian economic recovery and brings Asian business confidence!