The Asian Development Bank Expects China's Economy to Grow 5 Percent

Published: Apr 11, 2023 17:36
The Asian Development Bank released the latest Asian Development Outlook report on April 4 local time. The report pointed out that China

The Asian Development Bank released the latest Asian Development Outlook report on April 4 local time. The report pointed out that China will become the main engine of economic development in the Asia-Pacific region. The report predicts that economies in the Asia-Pacific region will grow 4.8% this year, higher than the growth rate of 4.2% in 2022; the Chinese economy is expected to grow 5% this year, higher than the 4.6% economic growth of other Asian developing economies.

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The Asian Development Bank Expects China's Economy to Grow 5 Percent - Shanghai Metals Market (SMM)