IMF Upgrades Asia’s Growth Forecast but Warns of Risks From US-China Tension

IMF upgrades Asia’s growth forecast but warns of risks from US-China tension

The trade tension will have a greater impact on Asia given the region is highly integrated in global supply chains. Read more at straitstimes.com.

IMF / Asia and Pacific Department Press Briefing

Despite mounting external shocks and persistent structural challenges, the Asia-Pacific region is regaining momentum, with growth projections outpacing expectations. Speaking at the 2025 International Monetary Fund (IMF) Annual Meeting, Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, opened with a message of cautious optimism.  “Economic activity in the Asia Pacific is holding up better than expected in April, despite the …

IMF upgrades Asia's growth forecast, warns of risks

The IMF expects Asia’s economy to expand 4.5% in 2025

IMF upgrades Asia’s growth forecast, warns of risks from US-China tension - Regional Media News

By Leika Kihara WASHINGTON (Reuters) -The International Monetary Fund revised up Asia’s economic growth forecast on Thursday, but warned that renewed escalation in U.S.-China tensions could deal a heavy blow to a region heavily integrated in global supply chains. Economic activity in the Asia-Pacific was holding up better than expected in April, despite the region bearing the brunt of U.S. tariffs, said Krishna Srinivasan, director of the IMF’s …