MANILA -- Developing Asia will barely grow this year as lockdowns imposed to fight the spread of the coronavirus hamper economic expansion, the Asian Development Bank said in a report on Thursday.
ADB says 33 economies to shrink as banks renew warning of financial crises
Container ships are shown in Singapore in July 2019. © Reuters
MANILA -- Developing Asia will barely grow this year as lockdowns imposed to fight the spread of the coronavirus hamper economic expansion, the Asian Development Bank said in a report on Thursday.