Description

Economic growth in the emerging APAC regions will be resilient through H2 2014 and the beginning of 2015. While favourable financial conditions, improving labour market conditions, and broadly accommodative policies will support domestic demand growth, global economic recovery and a stronger-than-expected recovery of the US economy will help boost exports of the emerging Asian economies. However, the Chinese real-estate sector downturn and some of the ongoing geopolitical tensions in the region are expected to behave as near-term downside risk factors to the growth of the emerging APAC region through till H1 2015.