APEC's growth forecast for 2025 has been upgraded to 3.1%—a small but meaningful boost! 🚀
It's driven by resilient trade and high-tech demand (think next-gen smartphones, green-energy batteries, and AI chips) powering e-commerce and beyond. 📱🔋💻
However, momentum may ease to 2.9% in 2026 as public debt (government borrowing relative to GDP) climbs above 110% and temporary drivers fade.
In H1 2025, exports jumped 6.5% while imports rose 6.1%, but lingering trade tensions could slow export growth to around 1% next year.
The APEC Regional Trends Analysis highlights that cooperation and policy predictability are crucial to sustain confidence and stability across member economies. 🤝🌏
Key takeaway: 2025 holds promise for the Asia-Pacific economy, but teamwork and smart policies will be essential to keep the growth engine humming. 🚄
Reference(s):
cgtn.com
