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UN Official Sees Challenges for ASEAN Growth, Development

The United Nations, while upbeat over the outlook for the 10-nation ASEAN Economic Community (AEC), says the region faces several pressing challenges, including reducing its dependence on China’s economy, where growth is moderating. The world body, in its latest Economic and Social Survey for the Asia Pacific is forecasting ASEAN to report slower growth in 2015 at close to 4.3 per cent — down from 5.0 per cent over 2011 to 2013. Slowdown in exports Shamshad Akhtar, a U.N....

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