KUALA LUMPUR: Asia-Pacific growth will be disappointing at about 4.7% in 2020 as trade policy uncertainty encourages firms to go slow on investment, S&P Global Ratings said.
The rating agency said while its forecast has been reduced from 4.8%, the threat of a sharp downturn across Asia-Pacific has receded over the past quarter for three reasons.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!