Economic prospects revised downward Asian Development Bank September 25 at 10:33 in response to US-China friction
The Asian Development Bank announced the outlook for the economic growth rate of the Asia-Pacific region, excluding Japan, etc., and it was 0.3 points lower than April as a result of trade friction in the United States and China and the slowdown of the global economy. Lowered to
On the 25th, the Asian Development Bank announced the latest economic outlook for 45 countries and regions in the Asia Pacific, excluding some developed countries such as Japan and Australia.
According to that, the economic growth rate in the region is expected to be 0.3 points lower than in April, plus 5.4%.
Regarding the lowering of forecasts, the Asian Development Bank has pointed out that exports and investments are weakening in many countries and regions due to the impact of trade friction between the United States and China and the slowdown of the global economy, which has pushed down the economy.
By region and country, China made a 0.1 point decrease compared to April, plus 6.2%, and Southeast Asia made a 0.4 point decrease, plus 4.5%. As a result, it was 2.2 points lower plus 0.3%.
The Asian Development Bank believes that emerging economies in the Asia-Pacific region will continue to grow steadily, but if the conflict between the United States and China over trade escalates, the downside risk of the economy will become stronger, and high economic growth In this area that continues, there is a growing sense of caution about the future.