GlobalData TS Lombard
May 13, 2026
Fundamental Guide To Emerging Markets
Market ReportEquitiesFXMacro Economic IndicatorsEnergyIndustrials
A comprehensive May 2026 outlook for major emerging markets, highlighting Taiwan's semiconductor-led boom and China's tech-focused industrial policy amid global oil price volatility.
Key Takeaways
- 1.Taiwan's semiconductor exports are turbocharging growth, with a 2026 forecast of 7% GDP growth despite energy disruption risks.
- 2.China's 15th Five-Year Plan (FYP) underscores a strategic pivot toward tech dominance, hardware dominance, and advanced manufacturing.
- 3.India faces significant inflation pressure with CPI expected to breach the 6% threshold by 3Q/FY27, likely compelling the RBI to hike rates by end-2026.
Table of Contents
- Growth drivers
- Relative score for short-term growth
- Relative score for long-term growth
- China
- Taiwan
- South Korea
- Brazil
- India
- Mexico
- Forecasts
- EM Asset Allocation
- Central Bank Watch
- Key points – May 2026
- Authors
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Rory GreenElizabeth JohnsonShumita DeveshwarGrace FanRobert Taylor
Securities
CNYINRBRLKRW
Themes
AI and Semiconductor HegemonyGlobal Protectionism & Tariff ImpactsIran War Shocks & Geopolitical Risk
Regions
Asia PacificLatin AmericaChinaTaiwanSouth Korea