{"id":1092496,"date":"2021-05-27T11:38:19","date_gmt":"2021-05-27T10:38:19","guid":{"rendered":"https:\/\/www.eldigitaldeasturias.com\/noticias\/?p=1092496"},"modified":"2021-05-27T11:38:19","modified_gmt":"2021-05-27T10:38:19","slug":"apec-economies-down-by-less-than-feared-1-9-per-cent-last-year","status":"publish","type":"post","link":"https:\/\/www.eldigitaldeasturias.com\/noticias\/apec-economies-down-by-less-than-feared-1-9-per-cent-last-year\/","title":{"rendered":"APEC economies down by less-than-feared 1.9 per cent last year"},"content":{"rendered":"

\"\"Bangkok (dpa) – Gross domestic product (GDP) across the 21-country Asia Pacific Economic Cooperation (APEC) region shrank by 1.9 per cent in 2020, the group’s Singapore-based secretariat said on Thursday.<\/p>\n

The better-than-expected outcome was down to governments learning \u00abeffective ways to manage the pandemic\u00bb and providing \u00abcontinued fiscal and monetary support\u00bb during the second half of the year, underpinning \u00aba gradual reopening and resumption of economic activities.\u00bb<\/p>\n

Peru and the Philippines saw the biggest contractions, with GDPs shrinking by around 10 per cent, while growth was reported in just four countries – Brunei, China, Taiwan and Vietnam.<\/p>\n

Economies across the group – which accounts for half of global merchandise trade and includes China, Japan and the US, the world’s three biggest GDPs – should grow by a collective 6.3 per cent this year \u00abas pent-up demand is unleashed.\u00bb<\/p>\n

However, APEC warned that \u00abrecovery will be uneven\u00bb due in part to \u00aba resurgence of infections\u00bb in places. Some restrictions have been reimposed recently in APEC countries such as Malaysia, Singapore and Thailand due to a rise in coronavirus case numbers.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Bangkok (dpa) – Gross domestic product (GDP) across the 21-country Asia Pacific Economic Cooperation (APEC) region shrank by 1.9 per cent in 2020, the group’s Singapore-based secretariat said on Thursday. The better-than-expected outcome was down to governments learning \u00abeffective ways to manage the pandemic\u00bb and providing \u00abcontinued fiscal and monetary support\u00bb during the second half […]<\/p>\n","protected":false},"author":1,"featured_media":1132184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1092496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualidad"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t