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Senior Economist, Asia
Hong Kong, Hongkong
English, Spanish, Mandarin
Carlos joined UBP in 2020 as Senior Economist, Asia. He is a key contributor to UBP’s global macroeconomic framework and leads UBP’s macroeconomic research in Asia, contributing to shaping our Asia investment strategy.
He has more than ten years’ experience covering markets in Asia. He was most recently Economist, Asia Pacific, at Coface where he was responsible for managing the company’s research on Asian economies. He has also served as Economist for the Spanish multinational banking group Banco Bilbao Vizcaya Argentaria (BBVA) in Hong Kong and the European Commission in Beijing.
Carlos holds a master’s in International Economics from Johns Hopkins University, School of Advanced International Studies (SAIS), and a bachelor’s (joint honours) from the University of London, School of Oriental and African Studies (SOAS).
22.05.2025
On 12 May, the United States (US) and China established a temporary ‘trade consultation mechanism’, reducing tariffs by 115% for 90 days. While this may ease tensions, high tariffs are still expected to exert upside pressure on US prices, and trade volatility could drag on economic growth in China.
20.02.2025
The post-election fiscal tightening in 2024, coupled with persistent inflationary pressures, has cast a shadow over India’s economy.
10.01.2025
As part of UBP’s 2025 Investment Outlook, senior economist Carlos Casanova examines China’s recent efforts to address its structural challenges. Despite the country’s initiatives, UBP remains cautious about the prospects of the world’s second-largest economy, as they are likely to fall short of expectations.
20.11.2024
The statements in late 2024 from China’s central bank and the country’s Politburo sparked hopes of a ‘whatever it takes’ moment, only to see these dashed, as policy actions have fallen short of expectations.
14.03.2024
Driven by Prime Minister Narendra Modi’s economic programme, India has embarked on a phase of infrastructure investment akin to China’s in the 1990s. In our latest edition of UBP Headlines, our Group Chief Strategist Norman Villamin takes a deep dive into the booming Indian market, exploring its investment opportunities.
05.03.2024
The mood around Hong Kong’s markets is pretty gloomy these days.
19.07.2023
China’s economy decelerated in Q2-23, led by a sequential decline in manufacturing and investment. Services continue to expand at a slower pace. Below potential growth is resulting in rising unemployment in April and May.
31.01.2023
With UBP’s Investment Outlook 2023 wrapping up its global roadshow, our Asia Senior Economist Carlos Casanova takes stock of the major macroeconomic events that marked 2022 in and around China and looks ahead to the landscape unfolding in 2023.
10.08.2022
GDP growth bottomed in Q2 and should recover around 5.0% y/y in H2 2022. The July Politburo meeting confirmed this, stressing “stability” and dropping the 5.5% GDP growth target. We maintain our forecast for 2022 unchanged at 3.7%.
