ADB Asian Development Outlook Update
The Asian Development Outlook is an annual publication produced by the Asian Development Bank (ADB). It analyzes economic and development issues in Asia’s developing countries. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including India and the People’s Republic of China.
This report is an update to the Asian Development Outlook 2017. According to this report, Developing Asia is forecast to expand by 5.9% in 2017 and 5.8% in 2018, a slight upgrade from projections in the original report. Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People’s Republic of China.
Source: Asian Development Bank (ADB)