ADB says developing Asia’s growth to accelerate after China reopening

MANILA, Philippines  -The Asian Development Bank raised its 2023 growth forecast for developing Asia on Tuesday, after China’s abrupt loosening of Covid-19 restrictions and reopening of its borders brightened the region’s prospects. The Philippines-based lender expects economic growth of 4.8 percent this year, up from its 4.6 percent projection in December. That compares with growth … Continue reading ADB says developing Asia’s growth to accelerate after China reopening