China overcapacity darkens Asia's 2016 growth prospects: ADB
Huge industrial overcapacity in China will drag on both the country`s and the region`s growth this year, the Asian Development Bank said Wednesday, cutting its forecast for the world`s second-largest economy.
Mar 30, 2016, 15:36 PM IST
ADB cuts Asia growth forecast to 5.7% for 2016
For China, ADB has projected growth to decline from 6.9 percent in 2015 to 6.5 percent in 2016.
Mar 30, 2016, 12:48 PM IST
India to lead Asia's economic growth: ADB
Projecting a slowdown in Chinese economy, the Asian Development Bank (ADB) on Tuesday said the economic growth in Asia would be led by India for the next couple of fiscals.
Mar 24, 2015, 16:19 PM IST
