Wednesday, September 23, 2009

Asia Will Expand Faster This Year, Next, ADB Says

The Asian Development Bank raised its economic growth forecast for the region on strengthening expansions in China, India and Indonesia, and said it’s too early for governments to withdraw stimulus policies. Asia, excluding Japan, will grow 3.9 percent in 2009, faster than a March estimate of 3.4 percent, the Manila-based institution said in a report today. Growth may accelerate in 2010 to 6.4 percent, it said.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aLBRz.m4qSHI

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