1、 ASIAS ECONOMIES TO POWER AHEAD IN THE FACE OF GLOBAL TURBULENCE ANNUAL OUTLOOK 2025Annual Outlook2025Asias economies to power ahead in the face of global turbulenceJanuary 2025ANNUAL OUTLOOK 2025:ASIA-THE WORLDS GROWTH ENGINE IN A TURBULENT YEAR4 4About Asia HouseAsia House is an independent think

2、tank and advisory service.We work with companies and governmentsinAsia,the Middle East and Europe,facilitating high-level dialogue,providing business and market intelligence,and driving commercial outcomes.Asia House enables commercial,political,and economic engagement between Asia,the Middle East a

3、nd Europe.asiahouse.org ASIAS ECONOMIES TO POWER AHEAD IN THE FACE OF GLOBAL TURBULENCE ANNUAL OUTLOOK 2025 ASIAS ECONOMIES TO POWER AHEAD IN THE FACE OF GLOBAL TURBULENCE ANNUAL OUTLOOK 20255Executive summary 2Introduction 4Section 1:Asias outlook for 2025 71.1 Macroeconomic outlook 101.2 Trade out

4、look 12Section 2:Risks:Protectionism,tariffs,trade wars 142.1 Trumps policies:Key risks to Asias outlook 152.2 Global geopolitical tensions continue to threaten trade routes and security 202.3 Global economic shocks could dampen Asias growth 22Section 3:Asias 2025 outlook by country 253.1 China:Slow

5、down to continue in 2025 283.2 Japan:Subdued yet transformative growth in 2025 313.3 India:Outperformance and resilience in the year ahead 333.4 Indonesia:Resilience and strength for 2025 353.5 Malaysia:Significant growth acceleration ahead 383.6 Vietnam:Expansion to gather speed 403.7 Thailand:Expa

6、nsion buoyed by household consumption 423.8 Philippines:Domestic economy to underpin growth 44Section 4:Digital transformation and AI technology:the drivers of Asias growth 464.1 Digitalisation of Asian economies 474.2 Asias role as an emerging AI hub 504.3 Semiconductors:geopolitical tensions chall