This photo taken on Feb 12, 2023 shows a night fair in Jinghong city of Xishuangbanna Dai autonomous prefecture, southwest China's Yunnan province. (PHOTO / XINHUA) MANILA - China's economy is bolstering the growth in Asia and the Pacific, with the growth outlook for developing economies in...
DHAKA, Dec. 20 (Xinhua) -- The Asian Development Bank (ADB) has lowered its economic growth outlook for Bangladesh to 6.2 percent for the current fiscal year 2023-24 ending in June next year, according to the latest update to the Asian Development Outlook. "This is due to moderate growth...
The regional economy is expected to grow 4.9 per cent this year, compared with a previous forecast of 4.7 per cent in September, according to theAsian Development Outlook (ADO) December 2023, released today. The outlook for next year is maintained at 4.8 per cent. The PRC’...
Inflation is expected to continue falling, approaching pre-pandemic levels as fuel and food prices decline, according to theAsian Development Outlook (ADO) July 2023, released today. Inflation in developing Asia is forecast at 3.6 per cent this year, compared with an April forecast of 4.2 per...
The Asian Development Bank (ADB) has predicted that economic growth in developing Asia and the Pacific will reach 4.8 percent in 2023 and 2024, according to an outlook report released on Tuesday.The ADB also raised its forecast of growth for China this
The Asian Development Bank (ADB) has lowered its economic growth forecasts for developing Asian and Pacific countries amid a worsened global outlook in 2023.
2023-07-19 09:14:40 · ADB The Asian Development Bank (ADB) is maintaining its growth outlook for developing economies in Asia and the Pacific at 4.8% this year, as robust domestic demand continues to support the region's recovery. Inflation is expected to continue falling, approaching pre-...
"Looking ahead, China’seconomic growth trajectoryis poised for stable growthin 2024." Hagiwara surmised.Hagiwara noted that although the short-term outlook looks stable, there aremorelong-term structural challenges that China faces. China is facingchallengesfrom demographic changes and an aging ...
Released during the press conference, the ADB outlook indicated that Cambodia's economy is forecast to grow 5.3 percent in 2022 and 6.5 percent in 2023 thanks to strong merchandise exports and foreign direct investment (FDI) inflows. "Widespread vaccination against COVID-19 has enabled the country...
economicgrowthduringthefirsthalfof2024.TheCaucasusandCentralAsia growthforecastfor2024israisedfrom4.3%inAsian DevelopmentOutlook,April2024(ADOApril2024)toArmenia 4.7%andfor2025from5.0%to5.2%(Figure3.1.1). TheseupwardadjustmentsreflecthighergrowthAzerbaijan ...