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Économie ukraine 202010/4/2023 ![]() ![]() In 2024, growth in EAP is projected to ease to 4.6 percent as the effects of China’s reopening fade. Regional trade growth will remain subdued amid weak global demand and domestic services-led growth in China. Growth in the region excluding China is set to slow to 4.8 percent in 2023 from 5.8 percent in 2022, as the boost from earlier reopening fades in several large economies. Projected growth in China this year has been revised upward following a faster-than-expected reopening of the economy, which is bolstering near-term consumer spending, particularly on services. ![]() ![]() Growth in the East Asia and Pacific (EAP) region is projected to strengthen to 5.5 percent in 2023 from 3.5 percent in 2022, as a recovery in China offsets slowing activity in most other regional economies. ![]()
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