IMF Raises Growth Forecast for Asia-Pacific Region in 2026

On October 15, the International Monetary Fund (IMF) released its latest Asia-Pacific Economic Outlook report and held a press conference. The IMF projects that the Asia-Pacific region's economy will grow by 4.8% in 2026, up from the 4.4% forecast made in April this year. The report notes that while energy shocks triggered by conflicts in the Middle East have put pressure on regional economies, strong demand for artificial intelligence-related technologies and resilient intra-Asian trade are supporting growth in the Asia-Pacific region. (CCTV News)