[The Australian] APAC leader’s upbeat outlook

“Business confidence among the largest companies in the Asia Pacific is rising.”


  • Fidelity – survey of 17,000 corporate leaders
  • Fidelity is the world’s fifth biggest fund manager, with more than $2.6 billion of assets under management globally.
  1. Main driver of earning growth (last year) : Cost Efficiency  ->(this year) Demand-led growth
  2. China: moving away from labour-oriented to value-generating (higher quality) growth (e.g. automation)
  3. India: India has a long-term sustainable economic growth rate around 6 per cent or 7 per cent … driven by positive structural growth factors such as a younger population, and greater scope to grow per capita income and investment levels than other emerging markets.”

∴ Australian retailers faced stiff competition (like Amazon, IT sector)

+ external risk: UK and US inflationary pressures & potential oil glut


Accessed from http://www.theaustralian.com.au/business/apac-leaders-upbeat-outlook/news-story/15639318a2e9099c6dd7ba09108807b6 on Mar/23/.2017


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