.jpg)
S&P Global Ratings keeps 2025 APAC growth forecast unchanged at 4.1%
While US tariff hikes will hit China, offsetting factors keep S&P Global Ratings’ 2025 APAC growth forecast unchanged at 4.1 per cent. Better growth at 2024 end will lift China's 2025 GDP gains. While US-led trade friction will weigh on the ex-China APAC economies, domestic demand momentum may stay solid. Australia, Indonesia, New Zealand and the Philippines should be less at risk of US tariffs.
While US tariff hikes will hit China, offsetting factors keep S&P Global Ratings’ 2025 APAC growth forecast unchanged at 4.1 per cent.
Better growth at 2024 end will lift China's 2025 GDP gains.
While US-led trade friction will weigh on the ex-China APAC economies, domestic demand momentum may stay solid.
Australia, Indonesia, New Zealand and the Philippines should be less at risk of US tariffs.
