Asia-Pacific economies seem to be weathering the impact of high interest rates, weak global demand and other headwinds rather well, the IMF says as it upgrades its growth forecast for the region.“With rapid disinflation and resilient growth,

Asia's growth outlook for 2024 brightens with the International Monetary Fund projecting 4.5% growth, driven by China and India.

The International Monetary Fund boosted its growth forecast for Asia this year, reflecting a rosier outlook for the region’s two largest economies and flagging a possible upward revision in its outlook for China.

The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.