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Economic Insight: Mainland China and South-East Asia

  • Report
  • 10 Dec 2024
  • ICAEW
The 2024 Q4 Economic Insight Report provides an analysis of the current trends and challenges facing the economies of China, Malaysia, and Singapore. Each country is navigating distinct dynamics in the face of global uncertainties and domestic pressures. China's growth is slowing amidst deflationary risks, despite policy interventions aimed at cushioning the economic downturn. Meanwhile, Malaysia's economy remains resilient, bolstered by the electronics sector, though concerns about inflation and weaker domestic consumption linger. In Singapore, strong manufacturing growth, particularly in electronics, continues to drive economic activity, but high interest rates and subdued domestic consumption pose challenges for the near future. This report explores the key economic indicators and projections for each country as they move toward 2025.
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