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ADB Maintains Growth Outlook for Developing Asia

Posted September 26, 2014

Under Economic Issues, International Trade Issues

(RTT News)

The Asian Development Bank maintained its growth outlook for Developing Asia as key nations move ahead with structural reforms.

Targeted measures to stabilize investment helped China to sustain its expansion and India is poised to capitalize on a new government mandate, the Manila-based bank said in its Asian Development Outlook 2014 published Thursday.

However, the bank cautioned that stable growth for the region masks shifting fortunes across subregions. Read more here.