KUALA LUMPUR: The economic growth in the Asean region in 2016 is showing mild moderation but will remain robust at an average rate of 6.2% per year until 2020, according to the latest Organisation of Economic Cooperation and Development (OECD) report on the economic outlook for South-East Asia, China and India.
Due to China’s downtrend, it said economic growth in Malaysia weakened in the first half of 2015 due to deteriorating external demand from its major trading partner, as well as the persistence of low international oil prices.
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