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Episode 25: A conversation with PBEC Chairman Andrew Weir on the economies of Asia Pacific beyond the half way point in 2023

We are delighted to be joined by Andrew Weir our Chairman and Senior Partner and Vice Chairman of KPMG China on our latest episode of the Value Prop. Andrew provides us with some excellent commentary on the big topics concerning his clients and sharing some of his insights on the current status of APAC’s economy and where its heading into the latter part of 2023.

Q2 felt like a cautious quarter overall in terms of business leaders sentiment I have had the opportunity to speak to, partly due to uncertainty in financial markets. Further weakness in the financial sector, on-going uncertainty regarding monetary policy and continued geopolitical risk, all created a complex environment for investors to navigate. But in every perceived reality there are the exceptions. I.E. Japan’s economy came into focus: The market hit the highest level in 33 years with the Nikkei reaching to 33,700 yen in June. That has partly been driven by continuous buying from foreign investors since April. In addition, the gains have come amid ongoing expectations of corporate governance reforms and structural shifts in the Japanese macro economy and the continuing appetite from foreign investors seeking alternatives to China Mainland.

You have the chance to hear Andrews perspectives first-hand on this and the Asian region.


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