In the Spotlight
Softer growth prospects for the People’s Republic of China (PRC) and India, and a slow recovery in the major industrial economies, will combine to push growth in developing Asia for 2015 and 2016 below previous projections, says the ADO Update 2015.
Emerging East Asia’s bond markets have been strained this year due to muted growth, depreciating currencies, and US interest rates, says ADB's latest Asia Bond Monitor.
Asia’s small- and medium-sized enterprises need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown.
Growth projections for developing Asia are revised down from those in March as slower-than-expected recovery in the United States and moderating growth in the People’s Republic of China weigh on the region's prospects.