The Philippine economy grew 7.1 % two years -- the fastest growth in two years . ( CNN ) -- Economy growing at the fastest rate in Asia next to China 's 7.4 % growth . China is bucking the global pressures of EU debt crisis and China slowdown . IMF chief : Manila economic forecast only nation revised up in last quarter .
The Philippine economy grew 7.1 % two years -- the fastest growth in two years . Economy growing at the fastest rate in Asia next to China 's 7.4 % growth . China is bucking the global pressures of EU debt crisis and China slowdown . IMF chief : Manila economic forecast only nation revised up in last quarter .