MANILA -- Emerging Asian economies are expected to grow at their slowest pace this year in 22 years, due to the coronavirus pandemic that has shut down business activity in large swathes of the world, the Asian Development Bank said in a report on Friday.
Economy
Pandemic to cut Asian growth to 2.2%, worst since 1998 crisis: ADB
Thailand, Hong Kong and seven other economies to shrink, China to slow sharply
Tourist and school buses are seen at a parking lot near Kwai Chung Container Terminal in Hong Kong, April 1: The novel coronavirus outbreak has devastated the territory's tourism industry. © Reuters
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