AMRO forecasts growth of 4.7% for Asean+3 as growth normalises
Add BT as a preferred source
Singapore
THE Asean+3 region is expected to grow at a more moderate pace of 4.7 per cent this year, with the moderation largely due to the +3 economies, especially China which registered a strong rebound last year, said Asean+3 Macroeconomic Research Office (AMRO) chief economist Khor Hoe Ee.
Dr Khor was speaking on Apr 12 at the launch of AMRO's annual flagship report, the Asean+3 Regional Economic Outlook. China clocked gross domestic product (GDP) growth of about 8.1 per cent in 2021; forecast GDP growth for the coming year is 5.2 per cent.
TRENDING NOW
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
