Asia's Transportation Sector Relies on China's Economy Improving Transportation is a highly cyclical industry, says Morgan Stanley's Edward Xu. His neutral outlook may turn negative if China's economy continues to slow. Visit the 2016 All-Asia Research Team ranking for more on Asia's top research analysts. Related Articles July Was the Month the Crowded AI Trade Reversed The Editorial Team Foreign Capital Is Reshaping Gulf Trading Desks Laurie McAughtry The Evolving Private Equity Toolkit Sponsored by Dawson Partners