SINGAPORE -- China and India are set to lead Asia's construction sector out of its coronavirus slump, analysts say, as the two governments look to power infrastructure growth -- and their economies -- in the years ahead.
Advisory firm Oxford Economics expects China will see annual construction output contract 8% this year but surge to 14.5% in 2021. For India, output is expected to shrink 5.4% this year, with a rebound to 7.7% in 2021.