Biden Economic Challenge, N.Z.’s New Tool, China Payoff: Eco Day

(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week.

Joe Biden inherits one of the most fraught economies in generations, and his big-spending blueprint is set to meet pushback from Congress. Bloomberg Economics looks at stimulus and GDP scenarios
New Zealand central bank governor Adrian Orr is set to unveil a new monetary stimulus tool aimed at driving down borrowing costs
China’s economy continues to recover from its contraction earlier this year, showing the benefits from swift control of the pandemic
Joe Biden is moving forward as the president-elect, launching his transition effort and preparing a plan to curb the coronavirus pandemic while President Donald Trump has refused to concede
India’s economy left cratered by the pandemic is drawing energy from one of its invisible and often-neglected engines: farmers
Singapore’s economy is unlikely to pick up in a “very vibrant sort of way very soon” as key export markets in Europe and the U.S. face renewed coronavirus outbreaks, Prime Minister Lee Hsien Loong said
Berat Albayrak, son-in-law of Turkish President Recep Tayyip Erdogan, unexpectedly resigned as economy czar a day after the central bank chief was fired, igniting political and economic turmoil
The humble shipping container has a new status in the Covid-19 pandemic: hot commodity
Unlike Donald Trump, whom Chinese officials had little knowledge of before he took office, Joe Biden is well known. But that history is unlikely to quickly repair a fundamentally changed relationship

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