Shipping containers and trucks at the Port of Los Angeles in San Pedro, California, on November 17. Port congestion has led to shortages and US inventories remain low and in need of replenishing. Photo: AFP
Shipping containers and trucks at the Port of Los Angeles in San Pedro, California, on November 17. Port congestion has led to shortages and US inventories remain low and in need of replenishing. Photo: AFP
Wai Ho Leong
Opinion

Opinion

Macroscope by Wai Ho Leong

How Asia can ride the return in US demand to more solid growth

  • US companies are expected to invest strongly in plant and equipment amid record low inventories as semiconductor demand and carmaking revs up
  • This will be a boost for exporters across Asia, allowing economies to move beyond pandemic relief and return to structural reforms

Shipping containers and trucks at the Port of Los Angeles in San Pedro, California, on November 17. Port congestion has led to shortages and US inventories remain low and in need of replenishing. Photo: AFP
Shipping containers and trucks at the Port of Los Angeles in San Pedro, California, on November 17. Port congestion has led to shortages and US inventories remain low and in need of replenishing. Photo: AFP
READ FULL ARTICLE