


| 'Developing Asia' to shrink for first time in six decades |
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“Developing Asia”, which groups 45 countries in Asia-Pacific, is expected to contract 0.7% this year, the ADB said, forecasting the first negative quarterly figure since 1962. The ADB’s previous forecast in June had reckoned on 0.1% growth. For 2021, the region is forecast to recover and grow 6.
Posted: 2020-09-15 06:47:00
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