News Snapshot:
Statistics China to pull down APAC regional economic growth rate to 3.9% in 2022, forecasts GlobalData According to GlobalData’s June 2022 forecast, India (6.8%) will be the fastest growing economy in the APAC region, followed by the Philippines (6.7%) Malaysia (6.5%) and Indonesia (5.3%) in 2022. The growth of the Asia-Pacific (APAC) regional economy is set to slow down more than it was previously estimated due to China’s zero-COVID policy, the perils of the Ukraine war and tight monetary conditions. As a result, GlobalData, a leading data and analytics company, has revised down its 2022 growth forecast for the region...
