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Asia Poised to Drive Global Economic Growth, Boosted by China’s Reopening
Thomas Helbling, Shanaka J. Peiris, Krishna Srinivasan 2023-05-03
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Asia and the Pacific is a relative bright spot amid the more somber context of the global economy's rocky recovery.
As the Chart of the Week shows, the region will contribute about 70 percent of global growth this year—a much greater share than in recent years.
Our latest Regional Economic Outlook describes the resilience of the world’s most dynamic region and important challenges facing its policymakers. Growth in Asia and the Pacific is forecast to accelerate to 4.6 percent this year from 3.8 percent last year.
The main development has been the reopening of China, where surging consumption is boosting growth across the region despite weaker demand from the rest of the world. Risks to the outlook include spillovers from greater-than-expected US monetary policy tightening and supply chain disruptions associated with geoeconomic fragmentation.
| 이전글 | '디지털 중국' 추진전략의 주요 내용 및 평가 | 2023-05-03 |
|---|---|---|
| 다음글 | 중국 배터리 산업의 발전전략과 전망 | 2023-05-02 |
