China’s Structural Slowdown: Explore how India can capitalize on China's structural economic slowdown, leveraging opportunities in trade, investment, and market dynamics to emerge as a key growth engi...

French spirits giant cites weak demand and unfavorable market conditions in its two largest markets for the sharp decline

French spirits giant cites weak demand and unfavorable market conditions in its two largest markets for the sharp decline

Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Published 04/08/2025, 08:07 PM Updated 04/08/2025, 08:10 PM 0 © Reuters. FILE PHOTO: People gather by the harbour front during sunset as Tropical Storm Trami edges closer to the city, in Hong Kong, China October 24, 2024. REUTERS/Tyrone Siu/File Photo SSEFN 1.86% MANILA (Reuters) - The full implementation of U.S. tariffs could cut developing Asia’s growth by about a third of a percentage point this year and nearly a full percentage point in 2026, the Asian Development Bank said on Wednesday. In its Asian Development Outlook report, the ADB projected that growth in developing Asia will ease slightly to 4.9% in 2025 — the slowest pace since 2022 — and slow further to 4.7% in 2026, from 5.0% in 2024. The forecasts were finalised before the U.S. unveiled sweeping new import tariffs last week, the ADB said at a press conference for the report’s release. "The elephant in the room is clearly whether the U.S. tariffs will be fully implemented, which would lead to lower growth in our baseline forecast," ADB chief economist Albert Park said. Developing Asia, as defined by the ADB, is made up of 46 Asia-Pacific countries stretching from Georgia to Samoa - and excludes countries such as Japan, Australia and New Zealand. Park said the eventual effects of the U.S. tariffs remain uncertain, as their scope and timing could change due to negotiations, delays, or exemptions being granted. "On the flip side, stronger retaliation and further escalation could result in bigger impacts," he said. "Additionally, the size and speed of policy changes under the new U.S. administration could reduce investment globally and in the region, while rising trade tensions and fragmentation would boost trade costs and disrupt global supply chains." The weaker baseline projections already reflect an expected slowdown in China, with growth forecast at 4.7% this year, down from 5.0% in 2024, and slowing further to 4.3% in 2026. Southeast Asia, which benefited from trade diversion during the 2018 U.S.-China trade war, is expected to lose some steam with growth in the subregion seen at 4.7% this year and next, down slightly from 4.8% in 2024. A bright spot is South Asia, the ADB said, where strong domestic demand is projected to drive growth of 6.0% in 2025 and 6.2% in 2026, up from last year’s 5.8%. Sustained global demand for semiconductors should help underpin growth in developing Asia. Regional inflation is forecast to ease to 2.3% this year and 2.2% next year, from 2.6% in 2024, due to falling prices of global oil and other commodities. This should allow central banks to continue monetary easing, the ADB said, although at a slower pace given expectations the U.S. Federal Reserve would keep rates elevated for longer. GDP GROWTH 2023 2025 2025 2026 2024 DEC APRI APRI L L Caucasus and 5.3 Central Asia 5.4 5.7 5.4 5.0 East Asia 4.8 4.2 4.7 4.4 4.0 China 5.4 4.5 4.7 4.3 5.0 South Asia 7.8 6.3 6.0 6.2 5.8 India 9.2 7.0 6.7 6.8 6.4 Southeast 4.1 4.7 4.7 4.7 Asia 4.8 Indonesia 5.0 5.0 5.0 5.1 5.0 Malaysia 3.6 4.6 4.9 4.8 5.1 Myanmar 0.8 n/a 1.1 1.6 -0.7 Philippines 6.2 6.0 6.1 5.5 5.6 Singapore 1.8 2.6 2.6 2.4 4.4 Thailand 2.0 2.7 2.8 2.9 2.5 Vietnam 6.6 6.6 6.5 5.1 7.1 The Pacific 4.7 4.1 3.9 3.6 4.2 Developing 5.5 4.8 4.9 4.7 Asia 5.0 INFLATION Caucasus and 10.2 6.2 6.9 5.9 Central Asia 6.8 East Asia 0.6 1.1 0.6 0.9 0.5 China 0.2 0.9 0.4 0.7 0.2 South Asia 7.9 5.4 4.9 4.5 6.6 India 5.4 4.3 4.3 4.0 4.7 Southeast 4.2 3.1 3.0 2.8 Asia 3.0 Indonesia 3.7 2.8 2.0 2.0 2.3 Malaysia 2.5 2.6 2.5 2.5 1.8 Myanmar 27.5 n/a 29.3 20.0 27.8 Philippines 6.0 3.2 3.0 3.0 3.2 Singapore 4.8 2.2 2.0 1.7 2.4 Thailand 1.2 1.2 1.0 1.1 0.4 Vietnam 3.3 4.0 4.0 4.2 3.6 The Pacific 3.1 4.1 3.4 3.7 1.9 Developing 3.3 2.6 2.3 2.2 Asia 2.6 0 Latest comments

YouTube video by Mutual Globe

YouTube video by Mutual Globe Podcast

YouTube video by Mutual Globe Podcast

YouTube video by Mutual Globe

YouTube video by Mutual Globe Podcast

YouTube video by Mutual Globe Podcast

YouTube video by Mutual Globe