The Asian Development Bank (ADB) has lowered its 2021 economic growth outlook for developing economies in Asia, a region weakened by the rapid spread of new COVID-19 variants. The region’s economy will expand by 7.1 percent this year, down from the 7.3 percent forecast in April, the ADB said in its Asian Development Outlook Update…
Growth Forecast for Developing Asia Downgraded as COVID-19 Persists
September 22, 2021
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Asia & PacificAsian Development BankBusiness & EconomyChinaChina Business & EconomyCOVIDDeveloping AsiaEconomiesWorld
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