ADB Big On India & China

Published On: April 04, 2023 - There are indications of strong economic growth in Asia this year on the back of China’s recovery from the pandemic and strong demand in India as per Asian Development Bank (ADB) report. India's economy is expected to grow at a slower pace of 6.4% this year. This follows a 9.1% annual pace of expansion in 2021 as it rebounded from the worst of the pandemic, and 6.8% last year. But it's one of the fastest expansions for a major regional economy.