SINGAPORE (Nov 29): Asia’s gross domestic product is set to grow by 3.9% in 2017 as the overall global economy grows by 2.5%, according to the Economist Intelligence Unit.

In a special report on Tuesday, EIU notes that the region will benefit as Japan attempts to use fiscal policy to stimulate demand, and China narrowly misses a slowdown in 2017.

However, several challenges still lie ahead. “China's debt problems pose danger, and slowing demand will force companies to look to countries such as India and Indonesia for future growth”, said the EIU report.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook