Asia Pacific Panorama May 2014
From the hawk’s-eye view, Asia’s economic growth momentum remained strong in the post-crisis era, with Coface’s forecast pointing to a 6.1% YoY growth for Emerging Asia in 2014. Such momentum partly came from the dividend of economic bloom of the 2 biggest emerging markets, China and India, during the past decade. However, with growth outlook of these two countries notably lower than the long-term growth trend, Asian economies are by no means not facing zero headwind, and businesses in these economies may need to form different sets of strategies heading into such waves of change.
SENIOR MANAGER, MARKETING AND PRODUCT DEVELOPMENT
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