Asia's GDP projected to grow 4.5% in 2025, driven by China and ASEAN, report says.

A report from the Boao Forum for Asia projects that Asia's GDP will grow by 4.5% in 2025, up from 4.4% in 2024. The forum, seen as Asia's counterpart to the Davos summit, highlights China and ASEAN as key drivers for foreign investment and regional economic integration. The report also notes Asia's increasing role in global value chains, with China leading and ASEAN and India enhancing their positions.