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Asian developing economies set to shrink for first time in six decades
The ADB said in a new report that developing economies across Asia would on average show negative GDP growth of 0.7 per cent this year. “This will be the first regional contraction since the early 1960s,” Yasuki Sawada, the bank’s chief economist said ahead of the report’s launch.


Posted: 2020-09-15 06:12:00

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