Growth sustained by intra-regional trade, investment
growth in the APEC region was sustained by a rise in intra-regional trade, investment and domestic consumption, according to new APEC Policy Support Unit research that was presented at the APEC Ministers Responsible for Trade meeting earlier today in Surabaya, Indonesia.
World Bank in its latest analysis of the regional economy has said that economies of developing East Asia and Pacific continue to be an engine of global growth, growing at 7.5 percent in 2012, higher than any other region in the world.