ADB says coronavirus restrictions threaten Asia economic recovery in 2021

ADB says coronavirus restrictions threaten Asia economic recovery in 2021 ​

The Asian Development Bank (ADB) forecast said that economic recovery in the Asia Pacific region will be “swoosh-shaped” in 2021. Furthermore, it warned that additional restrictions to combat the pandemic may hinder the region’s return to growth. Developing Asia is predicted to contract in 2020, the first time in almost 6 decades. The 0.7% decrease […]

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