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2026-04-09 13:01:54
[World Bank: East Asia and Pacific Economic Growth Expected to Slow to 4.2% in 2026] (1) The World Bank’s latest report indicates that, affected by external shocks, economic growth in the East Asia and Pacific region will slow to 4.2% in 2026 (compared to 5% last year). China’s growth is projected at 4.2% and 4.3%, respectively, due to weak domestic demand, challenges in the real estate market, and a slowdown in exports. Other economies in the region are expected to grow by 4.1% in 2026 and rebound to 5% in 2027. (2) The impact of the Middle East conflict depends on the energy import dependence and policy flexibility of each country. If fuel prices continue to rise by 50%, it could lead to a 3%-4% loss in household income in the region. The report recommends that countries maintain growth through structural reforms and seizing digital opportunities. (3) AI-related exports and investments are highlights for 2025 (especially in Malaysia, Thailand, and Vietnam), but AI applications remain limited – only 13%-17% of multinational subsidiaries use AI, about one-third of that in industrialized countries. Specific growth forecasts: Philippines 3.7%, Thailand 1.3%, Vietnam 6.3%, Malaysia 4.4%, Indonesia 4.7%, Cambodia 3.9%.
