MANILA -- China and India's economies are expected to expand rapidly in 2021, improving the outlook for developing Asia after the coronavirus sunk the region into recession this year.
China, where the COVID-19 outbreak was first reported a year ago, is projected to grow 2.1% this year from 1.8% forecast in September, the Asian Development Bank said in its final update for the year in its widely followed publication Asian Development Outlook. The region's largest economy is poised to grow 7.7% next year.
