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3 Nov 2025

Econ Digest

Update on the economies of ASEAN and China for November 2025

คะแนนเฉลี่ย
  • President Donald Trump and President Xi Jinping agreed to a trade truce. The US will cut the fentanyl tariff on China by 10%. However, China's economy is projected to grow by 4.8% in 2025 as its domestic economy remains weak. 
  • Indonesia has gradually stimulated its economy through fiscal measures. Meanwhile, Bank Indonesia (BI) held interest rates steady at its October 2025 meeting but has not ruled out the possibility of a rate cut by 1Q-2026. 
  • The trade agreement framework between the US and Vietnam focuses on opening Vietnam’s market for US goods. Vietnam’s GDP in 3Q-2025 accelerated to 8.23% YoY, supported by public investment and exports.

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