Do you agree with it?

As I am reading this article (https://www.itrader.com/en/article/fastest-growing-economies) I have noticed that it indicated the five fastest growing country in the world including Laos, Cambodia, Myanmar, China, Philippines? How come their are growing faster? Is there here come from these countries? Are you really experiencing such economic growth?

Hello,
As per my understanding this is happened because the economic of those counties are so bad, that even the GDP raising with few hundreds of dollar make the growth as large number of percent compared with previous period.
In a normal country where the growth is steady it is not usual to monitor such big differences, between two consecutive periods.

Well I don’t see anything strange here. The article’s title is “The five fastest growing economies in East Asia” , not “in the world”. Therefore – I believe that in this region – these are the five fastest growing economies.

TiffanyK posted:
Well I don’t see anything strange here. The article’s title is “The five fastest growing economies in East Asia” , not “in the world”. Therefore – I believe that in this region – these are the five fastest growing economies.

I agree. A lot of previously developing countries in Asia are really pulling forward, this is not a surprise.

As mention above, China always and will always be on top of the south east asian region...but if you are talking about the whole Asian continent, i think Singapore is the fastest growing....Their GDP growth is 2 percent and GDP per capita worth $52,900. Unemployment rate is only 1.9 percent and inflation rate of -0.5 percent.... (see https://www.fmfxreviews.com/singapore-economy/)

Laos, Cambodia, Myanmar are coming from such a low base that there is massive room for growth. Especially as they are in a region with a fast growing China. Good investment opportunity I say

Those are super developing economies thought. Lots of risk attached to any investment

SophieB posted:
As I am reading this article (https://www.itrader.com/en/article/fastest-growing-economies) I have noticed that it indicated the five fastest growing country in the world including Laos, Cambodia, Myanmar, China, Philippines? How come their are growing faster? Is there here come from these countries? Are you really experiencing such economic growth?

Well, you can’t trade based on such a fundamental info! I trade based on technical analysis, besides I am also interested on high voltage news session like NFP, FOMC etc!

There are a lot people whose trade is based on such info, actually, because they keep very long-term positions open.

SophieB posted:
As I am reading this article (https://www.itrader.com/en/article/fastest-growing-economies) I have noticed that it indicated the five fastest growing country in the world including Laos, Cambodia, Myanmar, China, Philippines? How come their are growing faster? Is there here come from these countries? Are you really experiencing such economic growth?

The link is not working right now! I tried with Crome! Can anyone help me to read this Article?