皇冠体育app

Economy

ADB raises 2010 皇冠体育app GDP growth forecast to 9.6%

(Xinhua)
Updated: 2010-04-13 16:41
Large Medium Small

The Asian Development Bank (ADB) Tuesday lifted its forecast for 皇冠体育app's 2010 gross domestic product (GDP) growth while lowering its forecast for 2011 on account of expected monetary tightening measures.

Related readings:
ADB raises 2010 皇冠体育app GDP growth forecast to 9.6% World Bank sees 皇冠体育app GDP up 9.5% in 2010
ADB raises 2010 皇冠体育app GDP growth forecast to 9.6% 皇冠体育app economy expected to grow 12% in Q1
ADB raises 2010 皇冠体育app GDP growth forecast to 9.6% HSBC revises up its mainland GDP forecast
ADB raises 2010 皇冠体育app GDP growth forecast to 9.6% 皇冠体育app sets 8% target for 2010 economic growth

ADB estimates 皇冠体育app's GDP will grow by 9.6 percent in 2010, higher than the 8.9 percent it forecast last September.

The expansion rate will cool to 9.1 percent in 2011 as the government moves to curb inflation and asset bubbles, according to the annual Asian Development Outlook report released Tuesday.

皇冠体育app's inflation is expected to grow 3.6 percent this year and slow to 3.2 percent in 2011, the report said.
Specials
Columnists
皇冠体育app Daily E-paper