Wednesday, September 19, 2007
Developing Asia resists credit crunch
Happily it looks like developing Asia has, so far at least, resisted the impact of the global credit crunch. A new forecast from the Asian Development Bank predicts economic growth of 8.3% this year compared with an earlier forecast of 7.6%. Growth of 8.2% is anticipated for next year as long as the global economy remains stable.
Labels: Asia, economics, finance
