Asia Pacific Economic overview
May 2018
China’s economic growth will ease, but the slowdown will be gradual.
The Chinese economy expanded by 6.9% last year, boosted partly by state investment and Beijing’s monetary policy. This growth was higher than expected, but the latest forecasts from the World Bank suggest that China’s economic expansion is set to ease this year and next. China’s GDP will increase by 6.6% in 2018 and by 6.4% in 2019. Growth in China’s gas demand is expected to continue to outpace growth in its economy.
India’s economy is expected...