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Why is the Asia-Pacific region economically outgrowing other parts of the world? | DW News
Asia's economies are reopening with impressive dynamism, that's according to the Asian Development Bank's assesment published earlier on Tuesday. Private consumption, investment, and services, including tourism, are reviving now that the pandemic has largely passed.
China's reopening after last year’s lockdowns is brightening the outlook for both the region and the global economy. Regional growth is expected at 4.8% this year and next, with South Asia expected to grow faster than other regions. Growth in East Asia and Southeast Asia is benefiting from increased domestic demand, and growth in the Pacific from returning tourists.
Inflation is gradually coming down to pre-pandemic levels — the ADB forecasts the rate for developing Asia at 3.3% in 2024.
We speak to Albert Park, the Asian ...
published: 04 Apr 2023
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Regional Economic Outlook for Asia & Pacific | October 2023
Regional Economic Outlook for Asia & Pacific—Asia continues to fuel global growth, but economic momentum is slowing. Risks to the outlook are more balanced now, but policymakers must stay the course to ensure continued growth and stability: https://bit.ly/3ZSC7Oq
published: 15 Oct 2023
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What is APEC?
published: 01 Nov 2018
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IMF raises Asia Pacific's economic growth forecast on China recovery
The International Monetary Fund has raised its economic growth forecast for Asia Pacific. The global lender predicts GDP to expand 4.6% in the current year, after growing 3.8% last year. It said the region's growth will be primarily driven by China's recovery and resilience in India. The countries in the region are combined to account for about 70% of global growth in 2023. Just two countries, India and China, account for about 50% of global growth.
Subscribe to our channel here: https://cna.asia/youtubesub
Subscribe to our news service on Telegram: https://cna.asia/telegram
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Twitter: https://www.twitter.com/...
published: 02 May 2023
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APEC Summit 2023: Annual Asia-Pacific Economic Corporation Summit takes place in San Francisco
The United States hosts finance ministers from APEC nations in San Francisco. The bloc is made up of the United States, China, Taiwan, Japan and others. Every nation is looking forward for the high stakes Xi Jinping-Joe Biden meet.
#apec #us #biden
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep ...
published: 15 Nov 2023
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Australia's economic outlook gloomy among Asia Pacific peers
Sky News host Sharri Markson has shared concerning news for the Australian economy.
According to rating agency S&P Global Ratings, Australia's economy is forecasted to be among the poorest performing across the Asia Pacific region due to rising interest rates and low productivity growth.
The agency predicts a sluggish growth of just 1.2 per cent next year, making Australia the second-worst performer among the 14 major Asia Pacific economies they monitor, with Japan trailing closely at 1.1 per cent.
published: 27 Jun 2023
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Economic and Social Survey of Asia and the Pacific 2023
Post-pandemic recovery in developing Asia-Pacific economies in 2022 suffered severe impacts from the war in Ukraine and the global economic slowdown later in the year.
Economic growth in 2023 is expected to remain weighed down by continuing geopolitical risks, recession fears and record-high inflation, although China’s reopening is a positive development.
The region’s growing public debt burden is likely to worsen with higher financing costs and slowing economies, making it difficult to step up public investment to power Asian and Pacific progress towards achieving the Sustainable Development Goals.
Public debt can be a powerful development tool; the Economic and Social Survey of Asia and the Pacific 2023 argues and calls for rethinking debt sustainability. A large public debt is not...
published: 05 Apr 2023
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Japan And China: Competition Or Cooperation In Southeast Asia? | Japan’s Indo-Pacific Plan - Part 1
Japan is investing in a series of infrastructure and supply chain resilience projects in ASEAN. It’s all part of the Free and Open Indo-Pacific plan launched by the Japanese government. Is this an alternative to China’s Belt and Road Initiative? What is the current state of relations between Japan & China? Will the two Asian giants cooperate or compete?
WATCH MORE Japan’s Indo-Pacific Plan
Part 2: https://youtu.be/76bMzUrJKIg
=====
About the show: Japan’s Indo-Pacific Plan aims to bridge the Pacific and Indian Oceans. It is investing in infrastructure to alleviate the economic bottlenecks in ASEAN countries. With rising geopolitical tensions between the US and China, has Japan created enough political clout in the region?
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#CNA #JapansIndoPacificPlanCNA #Japan #IndoPacific #S...
published: 20 Jan 2023
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East Asia & the Pacific Explained | World101
Fifty years ago, life expectancy, education, and GDP in East Asia and the Pacific were well below the global average. Today, the region is home to some of the world’s largest financial centers, most innovative tech hubs, and fastest high-speed trains. For decades, Japan and the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan) led the region economically, but today no country can compare to China, whose rise has turned it into the world’s second-largest economy. This economic success has also come with greater geopolitical ambitions as China works to expand its influence around the world and as far afield as the Arctic Circle. With China rising and other Asian economies continuing to grow, this region commands our attention—because what happens here will affect the rest of ...
published: 04 Nov 2019
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Asia Pacific countries face economic perils despite rebound forecast
Progress on coronavirus vaccination is helping the global economy to start recovering from the damage done by the pandemic.
Asia Pacific countries are forecast to rebound stronger than previously thought. But the Asian Development Bank says new coronavirus outbreaks could still put their recovery at risk.
Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Asia
published: 28 Apr 2021
6:18
Why is the Asia-Pacific region economically outgrowing other parts of the world? | DW News
Asia's economies are reopening with impressive dynamism, that's according to the Asian Development Bank's assesment published earlier on Tuesday. Private consum...
Asia's economies are reopening with impressive dynamism, that's according to the Asian Development Bank's assesment published earlier on Tuesday. Private consumption, investment, and services, including tourism, are reviving now that the pandemic has largely passed.
China's reopening after last year’s lockdowns is brightening the outlook for both the region and the global economy. Regional growth is expected at 4.8% this year and next, with South Asia expected to grow faster than other regions. Growth in East Asia and Southeast Asia is benefiting from increased domestic demand, and growth in the Pacific from returning tourists.
Inflation is gradually coming down to pre-pandemic levels — the ADB forecasts the rate for developing Asia at 3.3% in 2024.
We speak to Albert Park, the Asian Development Bank's Chief Economist and ask him: Why is the Asia-Pacific region economically outgrowing other parts of the world.
#growth #china #economy
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
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https://wn.com/Why_Is_The_Asia_Pacific_Region_Economically_Outgrowing_Other_Parts_Of_The_World_|_Dw_News
Asia's economies are reopening with impressive dynamism, that's according to the Asian Development Bank's assesment published earlier on Tuesday. Private consumption, investment, and services, including tourism, are reviving now that the pandemic has largely passed.
China's reopening after last year’s lockdowns is brightening the outlook for both the region and the global economy. Regional growth is expected at 4.8% this year and next, with South Asia expected to grow faster than other regions. Growth in East Asia and Southeast Asia is benefiting from increased domestic demand, and growth in the Pacific from returning tourists.
Inflation is gradually coming down to pre-pandemic levels — the ADB forecasts the rate for developing Asia at 3.3% in 2024.
We speak to Albert Park, the Asian Development Bank's Chief Economist and ask him: Why is the Asia-Pacific region economically outgrowing other parts of the world.
#growth #china #economy
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
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Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
- published: 04 Apr 2023
- views: 31101
2:12
Regional Economic Outlook for Asia & Pacific | October 2023
Regional Economic Outlook for Asia & Pacific—Asia continues to fuel global growth, but economic momentum is slowing. Risks to the outlook are more balanced now,...
Regional Economic Outlook for Asia & Pacific—Asia continues to fuel global growth, but economic momentum is slowing. Risks to the outlook are more balanced now, but policymakers must stay the course to ensure continued growth and stability: https://bit.ly/3ZSC7Oq
https://wn.com/Regional_Economic_Outlook_For_Asia_Pacific_|_October_2023
Regional Economic Outlook for Asia & Pacific—Asia continues to fuel global growth, but economic momentum is slowing. Risks to the outlook are more balanced now, but policymakers must stay the course to ensure continued growth and stability: https://bit.ly/3ZSC7Oq
- published: 15 Oct 2023
- views: 153210
1:39
IMF raises Asia Pacific's economic growth forecast on China recovery
The International Monetary Fund has raised its economic growth forecast for Asia Pacific. The global lender predicts GDP to expand 4.6% in the current year, aft...
The International Monetary Fund has raised its economic growth forecast for Asia Pacific. The global lender predicts GDP to expand 4.6% in the current year, after growing 3.8% last year. It said the region's growth will be primarily driven by China's recovery and resilience in India. The countries in the region are combined to account for about 70% of global growth in 2023. Just two countries, India and China, account for about 50% of global growth.
Subscribe to our channel here: https://cna.asia/youtubesub
Subscribe to our news service on Telegram: https://cna.asia/telegram
Follow us:
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TikTok: https://www.tiktok.com/@channelnewsasia
https://wn.com/Imf_Raises_Asia_Pacific's_Economic_Growth_Forecast_On_China_Recovery
The International Monetary Fund has raised its economic growth forecast for Asia Pacific. The global lender predicts GDP to expand 4.6% in the current year, after growing 3.8% last year. It said the region's growth will be primarily driven by China's recovery and resilience in India. The countries in the region are combined to account for about 70% of global growth in 2023. Just two countries, India and China, account for about 50% of global growth.
Subscribe to our channel here: https://cna.asia/youtubesub
Subscribe to our news service on Telegram: https://cna.asia/telegram
Follow us:
CNA: https://cna.asia
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Twitter: https://www.twitter.com/channelnewsasia
TikTok: https://www.tiktok.com/@channelnewsasia
- published: 02 May 2023
- views: 2426
13:17
APEC Summit 2023: Annual Asia-Pacific Economic Corporation Summit takes place in San Francisco
The United States hosts finance ministers from APEC nations in San Francisco. The bloc is made up of the United States, China, Taiwan, Japan and others. Every n...
The United States hosts finance ministers from APEC nations in San Francisco. The bloc is made up of the United States, China, Taiwan, Japan and others. Every nation is looking forward for the high stakes Xi Jinping-Joe Biden meet.
#apec #us #biden
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
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https://wn.com/Apec_Summit_2023_Annual_Asia_Pacific_Economic_Corporation_Summit_Takes_Place_In_San_Francisco
The United States hosts finance ministers from APEC nations in San Francisco. The bloc is made up of the United States, China, Taiwan, Japan and others. Every nation is looking forward for the high stakes Xi Jinping-Joe Biden meet.
#apec #us #biden
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Follow us on Google News for the latest updates
Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps
- published: 15 Nov 2023
- views: 16066
6:10
Australia's economic outlook gloomy among Asia Pacific peers
Sky News host Sharri Markson has shared concerning news for the Australian economy.
According to rating agency S&P Global Ratings, Australia's economy is fore...
Sky News host Sharri Markson has shared concerning news for the Australian economy.
According to rating agency S&P Global Ratings, Australia's economy is forecasted to be among the poorest performing across the Asia Pacific region due to rising interest rates and low productivity growth.
The agency predicts a sluggish growth of just 1.2 per cent next year, making Australia the second-worst performer among the 14 major Asia Pacific economies they monitor, with Japan trailing closely at 1.1 per cent.
https://wn.com/Australia's_Economic_Outlook_Gloomy_Among_Asia_Pacific_Peers
Sky News host Sharri Markson has shared concerning news for the Australian economy.
According to rating agency S&P Global Ratings, Australia's economy is forecasted to be among the poorest performing across the Asia Pacific region due to rising interest rates and low productivity growth.
The agency predicts a sluggish growth of just 1.2 per cent next year, making Australia the second-worst performer among the 14 major Asia Pacific economies they monitor, with Japan trailing closely at 1.1 per cent.
- published: 27 Jun 2023
- views: 4564
3:05
Economic and Social Survey of Asia and the Pacific 2023
Post-pandemic recovery in developing Asia-Pacific economies in 2022 suffered severe impacts from the war in Ukraine and the global economic slowdown later in th...
Post-pandemic recovery in developing Asia-Pacific economies in 2022 suffered severe impacts from the war in Ukraine and the global economic slowdown later in the year.
Economic growth in 2023 is expected to remain weighed down by continuing geopolitical risks, recession fears and record-high inflation, although China’s reopening is a positive development.
The region’s growing public debt burden is likely to worsen with higher financing costs and slowing economies, making it difficult to step up public investment to power Asian and Pacific progress towards achieving the Sustainable Development Goals.
Public debt can be a powerful development tool; the Economic and Social Survey of Asia and the Pacific 2023 argues and calls for rethinking debt sustainability. A large public debt is not necessarily detrimental to economic growth while fiscal consolidation and debt defaults can cause long-lasting damage to economic productivity.
The Survey proposes an “augmented” debt sustainability assessment approach to supplement the focus of international financial institutions and credit rating agencies on reducing near-term debt distress. National financing needs and structural development policies to achieve the Goals should be taken into account in determining a country’s public debt sustainability.
Inclusion of the socioeconomic and environmental benefits of public investment has been found to result in public debt reduction over the long term. Sovereign debt restructuring is recommended for countries with elevated debt distress; accelerated progress is needed towards establishing common international debt restructuring frameworks, involving official and private creditors.
https://wn.com/Economic_And_Social_Survey_Of_Asia_And_The_Pacific_2023
Post-pandemic recovery in developing Asia-Pacific economies in 2022 suffered severe impacts from the war in Ukraine and the global economic slowdown later in the year.
Economic growth in 2023 is expected to remain weighed down by continuing geopolitical risks, recession fears and record-high inflation, although China’s reopening is a positive development.
The region’s growing public debt burden is likely to worsen with higher financing costs and slowing economies, making it difficult to step up public investment to power Asian and Pacific progress towards achieving the Sustainable Development Goals.
Public debt can be a powerful development tool; the Economic and Social Survey of Asia and the Pacific 2023 argues and calls for rethinking debt sustainability. A large public debt is not necessarily detrimental to economic growth while fiscal consolidation and debt defaults can cause long-lasting damage to economic productivity.
The Survey proposes an “augmented” debt sustainability assessment approach to supplement the focus of international financial institutions and credit rating agencies on reducing near-term debt distress. National financing needs and structural development policies to achieve the Goals should be taken into account in determining a country’s public debt sustainability.
Inclusion of the socioeconomic and environmental benefits of public investment has been found to result in public debt reduction over the long term. Sovereign debt restructuring is recommended for countries with elevated debt distress; accelerated progress is needed towards establishing common international debt restructuring frameworks, involving official and private creditors.
- published: 05 Apr 2023
- views: 574
46:52
Japan And China: Competition Or Cooperation In Southeast Asia? | Japan’s Indo-Pacific Plan - Part 1
Japan is investing in a series of infrastructure and supply chain resilience projects in ASEAN. It’s all part of the Free and Open Indo-Pacific plan launched by...
Japan is investing in a series of infrastructure and supply chain resilience projects in ASEAN. It’s all part of the Free and Open Indo-Pacific plan launched by the Japanese government. Is this an alternative to China’s Belt and Road Initiative? What is the current state of relations between Japan & China? Will the two Asian giants cooperate or compete?
WATCH MORE Japan’s Indo-Pacific Plan
Part 2: https://youtu.be/76bMzUrJKIg
=====
About the show: Japan’s Indo-Pacific Plan aims to bridge the Pacific and Indian Oceans. It is investing in infrastructure to alleviate the economic bottlenecks in ASEAN countries. With rising geopolitical tensions between the US and China, has Japan created enough political clout in the region?
============
#CNA #JapansIndoPacificPlanCNA #Japan #IndoPacific #SoutheastAsia
For more, SUBSCRIBE to CNA INSIDER!
https://cna.asia/insideryoutubesub
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Website: https://cna.asia/cnainsider
https://wn.com/Japan_And_China_Competition_Or_Cooperation_In_Southeast_Asia_|_Japan’S_Indo_Pacific_Plan_Part_1
Japan is investing in a series of infrastructure and supply chain resilience projects in ASEAN. It’s all part of the Free and Open Indo-Pacific plan launched by the Japanese government. Is this an alternative to China’s Belt and Road Initiative? What is the current state of relations between Japan & China? Will the two Asian giants cooperate or compete?
WATCH MORE Japan’s Indo-Pacific Plan
Part 2: https://youtu.be/76bMzUrJKIg
=====
About the show: Japan’s Indo-Pacific Plan aims to bridge the Pacific and Indian Oceans. It is investing in infrastructure to alleviate the economic bottlenecks in ASEAN countries. With rising geopolitical tensions between the US and China, has Japan created enough political clout in the region?
============
#CNA #JapansIndoPacificPlanCNA #Japan #IndoPacific #SoutheastAsia
For more, SUBSCRIBE to CNA INSIDER!
https://cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Instagram: https://www.instagram.com/cnainsider/
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Website: https://cna.asia/cnainsider
- published: 20 Jan 2023
- views: 127387
6:14
East Asia & the Pacific Explained | World101
Fifty years ago, life expectancy, education, and GDP in East Asia and the Pacific were well below the global average. Today, the region is home to some of the w...
Fifty years ago, life expectancy, education, and GDP in East Asia and the Pacific were well below the global average. Today, the region is home to some of the world’s largest financial centers, most innovative tech hubs, and fastest high-speed trains. For decades, Japan and the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan) led the region economically, but today no country can compare to China, whose rise has turned it into the world’s second-largest economy. This economic success has also come with greater geopolitical ambitions as China works to expand its influence around the world and as far afield as the Arctic Circle. With China rising and other Asian economies continuing to grow, this region commands our attention—because what happens here will affect the rest of the world. Learn more at: https://on.cfr.org/3T7UcFe
Subscribe to our channel for more videos that cover the issues, trends, and concepts you need to know to navigate our complicated world: https://www.youtube.com/world101_cfr?sub_confirmation=1
World101 is a growing library of free educational resources that makes complex international relations and foreign policy issues accessible to learners both inside and outside of formal academic settings. For more videos, as well as interactive maps, infographics, quizzes, and online teaching resources, visit our website: https://world101.cfr.org
CFR Education is an initiative within the Council on Foreign Relations that aims to make complex foreign policy and international issues accessible for high school and college students through its educational products: World101, Model Diplomacy, and Convene the Council.
Visit our website: https://education.cfr.org/
Follow us on social media:
Facebook: https://www.facebook.com/CFR_Education
Twitter: https://twitter.com/CFR_Education
Download transcript: https://world101.cfr.org/sites/default/files/video-transcripts/2019/11/Transcript%20An%20Overview%20of%20East%20Asia%20and%20the%20Pacific.pdf
#teaching #eastasia #asia #world101
https://wn.com/East_Asia_The_Pacific_Explained_|_World101
Fifty years ago, life expectancy, education, and GDP in East Asia and the Pacific were well below the global average. Today, the region is home to some of the world’s largest financial centers, most innovative tech hubs, and fastest high-speed trains. For decades, Japan and the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan) led the region economically, but today no country can compare to China, whose rise has turned it into the world’s second-largest economy. This economic success has also come with greater geopolitical ambitions as China works to expand its influence around the world and as far afield as the Arctic Circle. With China rising and other Asian economies continuing to grow, this region commands our attention—because what happens here will affect the rest of the world. Learn more at: https://on.cfr.org/3T7UcFe
Subscribe to our channel for more videos that cover the issues, trends, and concepts you need to know to navigate our complicated world: https://www.youtube.com/world101_cfr?sub_confirmation=1
World101 is a growing library of free educational resources that makes complex international relations and foreign policy issues accessible to learners both inside and outside of formal academic settings. For more videos, as well as interactive maps, infographics, quizzes, and online teaching resources, visit our website: https://world101.cfr.org
CFR Education is an initiative within the Council on Foreign Relations that aims to make complex foreign policy and international issues accessible for high school and college students through its educational products: World101, Model Diplomacy, and Convene the Council.
Visit our website: https://education.cfr.org/
Follow us on social media:
Facebook: https://www.facebook.com/CFR_Education
Twitter: https://twitter.com/CFR_Education
Download transcript: https://world101.cfr.org/sites/default/files/video-transcripts/2019/11/Transcript%20An%20Overview%20of%20East%20Asia%20and%20the%20Pacific.pdf
#teaching #eastasia #asia #world101
- published: 04 Nov 2019
- views: 62749
2:05
Asia Pacific countries face economic perils despite rebound forecast
Progress on coronavirus vaccination is helping the global economy to start recovering from the damage done by the pandemic.
Asia Pacific countries are forecast ...
Progress on coronavirus vaccination is helping the global economy to start recovering from the damage done by the pandemic.
Asia Pacific countries are forecast to rebound stronger than previously thought. But the Asian Development Bank says new coronavirus outbreaks could still put their recovery at risk.
Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Asia
https://wn.com/Asia_Pacific_Countries_Face_Economic_Perils_Despite_Rebound_Forecast
Progress on coronavirus vaccination is helping the global economy to start recovering from the damage done by the pandemic.
Asia Pacific countries are forecast to rebound stronger than previously thought. But the Asian Development Bank says new coronavirus outbreaks could still put their recovery at risk.
Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Asia
- published: 28 Apr 2021
- views: 14364