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While growth slowed across most of the Asia Pacific region in the first quarter of 2014, activity did pickup during the second and third quarters. Financial conditions have remained broadly supportive across the region, with strong credit growth, rising equity and bond fund flows and stronger asset prices. The near-term outlook for the region remains robust. Growth will be more sustainable. Domestic demand is expect to drive much of the growth, given favorable financial conditions and healthy labor markets. Export growth is also expected to be a positive contributor with a recovering U.S. economy as the primary growth market.
Source : AEW Asie