Southeast Asia's six major countries GDP Except for Vietnam Except for US-China trade friction Feb. 17:22:27

Gross domestic product (GDP) growth in the six major Southeast Asian countries over the past year has remained strong, falling below the previous year's growth in countries such as Thailand and Singapore, where exports were sluggish due to trade friction between the United States and China. Except for Vietnam, the sense of economic slowdown is increasing.

The GDP growth rate of the six major Southeast Asian countries over the past year was the lowest in Indonesia, the largest economy in the region, at + 5.0% for the first time in four years, plus 0.7% in Singapore and + 2.4% in Thailand. And fell to the lowest levels in 10 years and 5 years, respectively. The main factor was the sluggish exports caused by the slowdown in the global economy caused by trade friction between the United States and China.

Despite this, Vietnam, where production bases are being relocated from China, has maintained high growth of + 7.0%, but the sense of economic slowdown is increasing throughout the region.

In addition, in Southeast Asia, the spread of the new coronavirus has affected the tourism industry in various countries, and there are concerns that delays in the procurement of parts and raw materials from China will adversely affect production activities. It has come out.

"China is an important trading partner for ASEAN and has a strong connection in the manufacturing supply chain, and the issue of the new coronavirus will not depress economic growth in each country," said Yangon Chief Economist at Siam Commercial Bank, which is familiar with the Southeast Asian economy. I can't get it. "