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Asian Development Outlook (ADO) December 2025: Growth Steadies But Uncertainty Lingers
Resilient exports―particularly of semiconductors and other technology-related products―moderating inflation, and stable financial conditions have strengthened the region’s growth outlook. However, growth is still projected to moderate next year due to higher tariffs and weaker global economic activity. Risks to the regional outlook include renewed trade tensions and financial market volatility, as well as geopolitical pressures and a worse-than-expected deterioration in the property market in the People’s Republic of China.
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