A United Nations report says Asia's economic outlook for 2017 is strong despite slowing global growth due to sluggish international trade and investment.
The world economy grew 2.2 per cent in 2016, the slowest pace since the end of the 2008 financial crisis.
Britain's plan to leave the European Union and the election of Donald Trump as US president are adding to uncertainty.
More From This Section
Strong consumer demand and government spending helped make up for weak exports, as East and South Asia grew at a steady pace of 5.7 per cent in 2016, level with the year before.
Disclaimer: No Business Standard Journalist was involved in creation of this content