Economics

Asian Economies Recovering Fast But Paths Diverge, ADB Says

  • Developing Asia GDP expected to grow 7.3% this year, ADB says
  • East Asia on stronger footing as recovery in the Pacific lags
Photographer: Veejay Villafranca/Bloomberg
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Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank.