Korea Leads Rebound, China Sets Lower Growth Target | The Asia Trade 3/5/2026

South Korea’s economic rebound led Asia’s market gains on March 5, 2026, driven by strong tech exports and semiconductor demand, particularly in quantum-related hardware. China set a lower 2026 GDP growth target of 4.5%, signaling cautious optimism amid global slowdown concerns and structural shifts in high-tech manufacturing sectors. Analysts highlighted Singapore’s role as a financial hub, with quantum computing investments surging as regional firms prioritize next-gen tech amid geopolitical tensions. Australia’s trade surplus narrowed due to weaker commodity prices, but quantum research collaborations with Asian partners remained a bright spot for long-term economic strategy. Markets reacted to Japan’s monetary policy hints, with tech stocks—including quantum startups—outperforming as investors bet on Asia’s leadership in emerging industries.