On December 10, the Asian Development Bank (ADB) released its latest economic outlook report, raising the 2025 GDP growth forecast for developing economies in the Asia-Pacific region to 5.1%, an increase of 0.3 percentage points from the projection made in September this year. The report pointed out that the steady export performance of high-income technology-exporting economies within the region is the core factor behind this upward revision of the forecast.

The report also mentioned that the resilience of China’s economy has provided strong support for regional growth. Prior to this, the International Monetary Fund (IMF) had just raised its 2025 growth forecast for China’s economy to 5%. The recovery of China’s domestic demand, industrial upgrading, and the continuous advancement of infrastructure construction have exerted a significant driving effect on the trade and investment of neighboring countries. In addition, some Southeast Asian countries have successfully undertaken the transfer of manufacturing industries and witnessed a strong recovery in the service sector, which have also injected impetus into the regional economy.

On the same day, Christine Lagarde, President of the European Central Bank (ECB), also stated that the euro zone has demonstrated greater resilience than expected in the face of the U.S. tariff offensive, and the economic growth forecast may be raised next week. The adjustment of forecasts by multiple major economies around the world reflects that the recovery momentum of the global economy is more optimistic than previously expected. However, analysts have warned that factors such as the uncertainty of U.S. trade policies and geopolitical risks may still disrupt the economic recovery process of the Asia-Pacific region, and vigilance is required.