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ADB forecasts China, India to power strong growth in '23

Por: WPLG Local 10 Politics April 04, 2023

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BANGKOK – China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year, the Asian Development Bank said in a report issued Tuesday. The Manila, Philippines-based ADB’s latest update forecasts an expansion of 4.8% in this year and the next, up from 4.2% in 2022. It said inflation would likely cool slightly this year and fall further in 2024. ADB economists said a weekend decision by oil... + full article



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