Category: Gross Domestic Product GDP

Thailand 2025 Growth Slashed Amid China Slowdown, U.S. Tariffs

Thailand’s economic planning agency sharply lowered its 2025 GDP growth forecast amid global trade tensions, weak domestic demand, and a slowdown in Chinese tourism.  The National Economic and Social Development Council (NESDC) on Monday revised Thailand’s 2025 growth forecast to ...

Philippines Trade Deficit Hits $4.13B as Import from China Surge Outpaces Exports

The Philippines' trade deficit widened sharply to $4.13 billion in March 2025, up 23.1% from a year earlier. Surging imports outpaced modest export gains, highlighting persistent structural vulnerabilities in the country’s trade dynamics. Preliminary data from the Philippine Statistics Authority ...

Vietnam Poised to be Asia-Pacific Fastest Growing Economy in 2026: World Bank

Vietnam is poised to become the fastest-growing economy in the Asia-Pacific region in 2026. The World Bank projects a GDP growth rate of 6.3%, followed by the Philippines at 6% and Indonesia at 5.1%. In its latest ‘Global Economic ...

China Will Keep Driving Global Growth: Xi

Chinese President Xi Jinping said China will keep powering global economic expansion and that the country will meet its 5% GDP growth target. The comments come a day after the CPC politburo announced the first monetary easing in fourteen years to boost ...

Asia’s Growth Faces Uncertainty Amid U.S. Policy Shifts: ADB Report

Asia's emerging economies are projected to experience the effects of U.S. President-elect Donald Trump's 2025 policies, according to a report by the Asian Development Bank (ADB) today. East Asia may face slower GDP growth due to trade ties with China, ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...