Latest News

ADB Sees Asian Growth Slowing In 2011, Key Risks

Tuesday, July 27, 2010 , Posted by Unknown at 3:58 AM


Economic growth in East Asia will slow next year with the removal of stimulus spending across the region and the impact of monetary tightening in China, the Asian Development Bank said Tuesday.
The Manila-based lender remains upbeat about the region's prospects, however: The ADB upgraded its 2010 growth forecast for emerging East Asia to 8.1%, from 7.7% in an April report. That growth should moderate in 2011, but still come in at 7.2%, the bank said.
The ADB left its growth forecast for China at 9.6% this year and 9.1% in 2011, ..

Currently have 0 comments:

Leave a Reply

Post a Comment