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Economy

Trade, foreign investment key to Asia's growth, says ADB

Bank's annual report calls for deeper regional links to ward off protectionism

Park Cyn-Young speaks at a seminar in Tokyo on Dec. 13.

TOKYO --  Attracting more foreign direct investment and strengthening regional trade links in the face of rising protectionism around the world will help keep Asia's economic growth going, according to a recent report by the Asian Development Bank.

Asia's trade growth has been hit by the weak global recovery, China's slowing economy and structural changes brought about by low-cost manufacturing, said the report, which was published last week. 

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