China Slowdown, Global Growth's Future, Brazil Ballot: Eco Day

(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news from Bloomberg Economics:

  • China’s economic growth continued to slow in October, a period in which the trade conflict with the U.S. intensified. China’s state-sponsored push to dominate technologies of the future is looming as one of the biggest stumbling blocks to prospects for a resolution with the Americans
  • The global economy is forecast to expand at an annual rate of 3.7 percent through 2020, before decelerating to 3.6 percent in 2021-2023, and should pass the $100 trillion mark around 2022. Here’s a breakdown of where the growth is expected to come from
  • Brazil looks set to pivot sharply to the right with the election of a former Army captain who wants to privatize state companies in an ailing economy, liberalize gun ownership and mine the rain forest. The ballot is taking center stage as a rout in emerging-market equities deepens
  • The week just gone wasn’t a good one for the Fed. Tom Orlik surveys the ebbs and flows of its independence. Financial market volatility and labor market themes will vie for dominance this week, says Carl Riccadonna
  • The Bank of Japan will maintain its policy settings this week, according to a Bloomberg survey, amid a growing view that it will eventually use greater flexibility in yield movements as a tightening measure
  • Instability plaguing German Chancellor Angela Merkel’s fourth term was laid bare in the latest state election drubbing, with her coalition partner’s flagging support posing a growing threat to her government
  • The U.K. will need new tax and spending plans and may have to extend austerity policies if it fails to secure a deal with the EU, Chancellor of the Exchequer Philip Hammond said
  • A leadership struggle in Sri Lanka is the latest skirmish in the broader battle for influence in South Asia between India and China
  • The Swiss Temple of central bankers -- otherwise known as the Bank for International Settlements -- is changing the way it doles out advice to the world’s monetary chiefs under the regime of Agustin Carstens

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