American Tower (AMT)
ASIA In China: Xi stated that it is “completely possible” for China to meet the current standards for high-income countries and to double the total economic volume or per capita income by 2035. In Japan: In a speech, BOJ Governor Haruhiko Kuroda strongly reaffirmed support for current monetary easing measures. He also reiterated that the central bank will closely monitor the pandemic and not hesitate to take additional measures if necessary REIT Focus: Singapore’s largest property developer, CapitaLand Ltd., expects its financial performance for FY2020 to be materially impacted due to significant reduced profitability in the first half of the year amid the pandemic. Europe In Europe: . The new lockdowns raise concerns about rising company failures and long-term unemployment.