Fitch: Economic tailwinds to support Asia-Pacific sectors

Jan 04, 2024 12:30 am

GENERALLY strong Asia-Pacific economic growth should support the performance of business sectors in the region this year, but headwinds could pose a challenge, Fitch Ratings said on Wednesday.

'Robust regional economic growth — particularly in Asia's large emerging markets — should offset headwinds from slowing growth in China, weak global demand and high interest rates, helping to support performance across sectors in APAC in 2024,' Fitch Ratings Senior Director Duncan Innes-Ker said.

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