Asia’s economy to grow 4.5% in 2025, says Boao Forum for Asia report

The Boao Forum for Asia (BFA) forecasts Asia’s economy to grow by 4.5% in 2025, up from 4.4% in 2024, solidifying its role as a global growth engine despite geopolitical and economic challenges. Asia’s share of the world economy is expected to rise, with trade and investment integration accelerating due to the Regional Comprehensive Economic Partnership (RCEP). Digital trade, particularly in Southeast Asia, is driving growth, while financial markets remain stable. However, challenges like incomplete market integration and policy coordination gaps persist. The report calls for stronger regional cooperation and investment in digital and service industries to sustain growth.

Source – CGTN