East Asia Update - Special 2017 Annual Edition

Abstract

Despite the global volatility and the slowdown in trade, Southeast Asia is expected to grow by 4.6 percent in 2017, which is among the highest growth rates in the world. Asia as a whole is expected to see slower growth of 4 percent in 2017 and 3.5 percent in 2018 as the Chinese economy, which contributes about 45 percent of Asia’s GDP, is expected to grow much more slowly, at 6.2 percent in 2017 and 4.2 percent in 2018.