While the high uncertainty about US tariffs and soft Chinese imports will weigh on APAC economies, S&P Global Ratings expects favourable domestic demand to limit the slowdown in APAC GDP growth in 2025, but less so in the more export-oriented economies.
It expects China’s GDP growth to be 4.3 per cent in 2025 and 4 per cent in 2026.
APAC central banks are expected to continue to cut policy rates.
