Coface's Casanova on the Asia Eco Weekahead

The video discusses the differentiated economic recovery in various regions due to COVID-19, highlighting how some countries like South Korea and Taiwan managed to control the virus early, leading to better economic outcomes. It examines the impact of the pandemic on GDP and the role of China as a stabilizing force in the region. The analysis extends to sectoral impacts, noting that while some sectors like pharmaceuticals show resilience, others like automotive and metals face challenges. The video also addresses corporate financial stress, insolvency risks, and country-specific financial challenges, particularly in export-oriented economies.

Which countries in the region managed to control the virus early, aiding their economic recovery?

• Malaysia and Thailand

• Hong Kong and Indonesia

• South Korea and Taiwan

• India and Japan

What was the surprising GDP growth rate for China in Q2?

• 3.6%

• 1.5%

• 2.5%

• 4.5%

What is the main challenge for China's economic recovery?

• Decreasing industrial profits

• New coronavirus hotspots

• Rising inflation rates

• Lack of trading partners

Which sector is identified as more resilient during the pandemic?

• Metals

• Automotive

• Transportation

• Pharmaceuticals

Which sector is expected to see increased demand for telecommunication services?

• Automotive

• Agrifood

• ICT

• Metals

What is expected to happen to corporate insolvencies in the region?

• They will increase starting in Q3 2020

• They will not change until 2022

• They will remain stable

• They will decrease significantly

Which countries have seen an increase in ultra-long payment delays?

• Taiwan, South Korea, and Malaysia

• India, Japan, and South Korea

• Indonesia, Singapore, and Hong Kong

• China, Malaysia, and Thailand