12/02/2024 | Press release | Distributed by Public on 12/02/2024 10:35
In 2025, our Asia economists in Goldman Sachs Research expect modestly slower growth in EM Asia and a shift towards domestic demand in China, but pickups in a few developed markets. They find that India, Indonesia and the Philippines have the strongest growth prospects (5-6.5% over the next several years) on favorable demographics and more catch-up potential.