ASEAN+3 growth outlook dims as China's 2022 forecast cut to 3.8%

Think tank AMRO lifts overall inflation forecast for 13 economies to 6.2%

20221006 china

For China, which maintains a zero-tolerance approach to containing COVID-19, AMRO slashed its growth forecast to 3.8% from 4.8%. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Aggressive monetary tightening measures, coupled with potential recessions in the U.S. and Europe, are likely to weigh on economic growth in Asia this year, according to a new economic outlook released Thursday.

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