ASEAN-China Economic Report for June 2024: China's Economy Expected to Grow Better Than Previously Forecasted, with Continued Easing Monetary and Fiscal Measures (Kasikorn Research Center)
- China: In 2024, China's economy is expected to grow better than the previous forecast of 4.5%, now projected at 5%. Additional measures to support the real estate sector are anticipated, but China still faces several risks, including low consumer confidence.
- Indonesia: The economic outlook for Indonesia in Q2 2024 may slow down due to the end of short-term consumption stimulus measures. For the entire year of 2024, Indonesia is expected to grow at 5.0%.
- Vietnam: Vietnam's economy in Q2 2024 is likely to slow down due to a general decline in investment. However, exports and household consumption remain supportive factors for Vietnam's growth, with an expected growth rate of 5.8% for the entire year of 2024.


































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