Welcome to Thursday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
- China’s economy started the decade in a boom and will end it suffering the worst slowdown since the early 1990s. What comes next? Enda Curran and April Ma explore the outlook
- It’s that time of the year when Japanese economists and analysts gather to draw parallels between the country’s economic health and an unlikely indicator: Horse racing
- There’s a robot that’s been trying to predict central bank moves since May. But when it comes to Sweden, the humans setting policy at the Riksbank are proving too inscrutable for the bot
- President Donald Trump is heading into an election year touting a trade deal that promises to double U.S. exports to China, which he says has pledged a $200 billion, two-year spending spree on everything from planes to pork chops and chicken feet
- Young consumers across China’s smaller cities have emerged as a spending force and a bright spot
- After six months of unrest in Hong Kong, China’s main scapegoat has been four local property dynasties who control firms with assets worth more than the special administrative region’s GDP
- Canada is dodging Japan’s path through an immigration program that supports population growth and keeps the economy ticking over, writes Andrew Husby
- The improvement in China’s credit figures in recent months overstates actual demand for loans from the real economy, according to economists
- U.K. growth is poised to take another step down over the coming decade and Boris Johnson’s Brexit deal will probably take the blame. But the truth is that’s only part of the story, writes Dan Hanson. Meantime, the the BOE is inviting banks and insurers to assess their exposures to global warming
- The ECB should kick off its strategy review by looking into the causes of low inflation before tweaking the target, according to Madis Muller, Estonian member of the governing council
- Drought has plunged millions of Zambians and Zimbabweans into darkness as hydro-power dams dry up, and their governments’ debt is making matters worse
- Investors in Denmark are in store for a rare treat: a government bond with a positive yield. But it does take a 30-year maturity before Danish yields crawl above zero