Regional trade, investment slowing in Asia and Pacific: ESCAP

Asia and the Pacific remains the most dynamic region of the global economy but growth in regional trade and investment flows is slowing, according to the  ESCAP’s latest regional trade and investment outlook report released yesterday in Bangkok.
United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) report emphasises that countries need to adjust to both cyclical and structural changes, especially in light of the global slowdown and an expected reduction in China’s growth rate.
Total exports and imports from the region grew by only 1.6 per cent in 2014, however, when excluding China from the regional total, exports from the Asia-Pacific region registered a decline of 0.4 per cent according to the Asia-Pacific Trade and Investment Report 2015 ESCAP’s annual flagship  publication.
The continued sluggish pace of trade and investment growth in the region is impacting the prospects of a merchandise trade recovery in the near-term.

Regional trade, investment slowing in Asia and Pacific: ESCAP

Asia and the Pacific remains the most dynamic region of the global economy but growth in regional trade and investment flows is slowing, according to the ESCAPs latest regional trade and investment outlook report released yesterday in Bangkok. United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) report emphasises that countries need to adjust to both cyclical and structural changes, especially in light of the global slowdown and an expected reduction in Chinas growth rate. Total exports and imports from the region grew by only 1.6 per cent in 2014, however, when excluding China from the regional total, exports from the Asia-Pacific region registered a decline of 0.4 per cent according to the Asia-Pacific Trade and Investment Report 2015 ESCAPs annual flagship publication. The continued sluggish pace of trade and investment growth in the region is impacting the prospects of a merchandise trade recovery in the near-term.