Weathering the storm

Even as the ripple of the Euro zone debt crisis hit the global economy and the average world gross domestic product (GDP) growth fell to 2.7% in 2011, the economy of the Asia-Pacific region fared much better to grow at a healthy average rate of 6.5% (except-Japan). According to Capgemini-RBC Asia-Pacific Wealth Report 2012, the region’s growth, though a little constrained by global and domestic challenges, is expected to be 6.1% in 2012 and could help offset the negative impact of any weakness in the European economy