TOKYO -- After years of economic expansion driven by its growing population, Asia has reached a crossroads due to the coronavirus pandemic, historic inflation and rapid interest rate hikes in the U.S.
Ferro discusses how inflation and Ukraine war could impact region's recovery
A construction site in Beijing. The World Bank sees a significant deceleration of regional growth prospects in Asia, driven by a decline in projections for growth for China. © Reuters
TOKYO -- After years of economic expansion driven by its growing population, Asia has reached a crossroads due to the coronavirus pandemic, historic inflation and rapid interest rate hikes in the U.S.