Mr Tuntono is Senior Economist, Asia Pacific with Allianz Global Investors. He joined the firm in 2018 and is based in Hong Kong. As a member of the Global Economics & Strategy team, Mr Tuntono is responsible for regional economics and strategy research. He works closely with the investment and sales teams in Hong Kong, Singapore and other offices across Asia to present the firm's views to regional clients. Mr Tuntono has had an extensive financial career as a macro specialist, previously working for Credit Suisse, J.P. Morgan and Goldman Sachs in a variety of roles - including as an economist, a foreign-exchange sales representative and a credit analyst. He has a B.Sc. in economics from the Wharton School and a B.A. in economics from the School of Arts and Sciences at the University of Pennsylvania. He also has an M.A. in international relations from the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University.
Given recent events – the US just increased tariffs on USD 200bn of Chinese imports, and China retaliated on USD 60bn of US goods – it’s getting more difficult to see a clear path to a US-China trade agreement. But talks are ongoing, which opens up three potential scenarios for resolving this dispute.
Thanks to positive macroeconomic news, China’s resilient growth and room to cut rates in India and Indonesia, the outlook for Asia-Pacific risk assets is good. Corporate bonds, emerging-market debt and dividend-paying stocks can play a critical role for investors in search of income potential.
In a Q&A with Neil Dwane, Christiaan Tuntono says China will likely agree to reduce the trade deficit and support IP protections, but not roll back “Made in China 2025”. Mona Mahajan thinks an announced deal should boost US and Chinese stocks, but the markets have already priced in some of this news.