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CHINA: The Asian Development Bank's forecast for China's GDP growth this year
remains at 6.3% with a fall to 6.1% for 2020, according to its latest outlook
report. The bank trimmed its growth forecast for the developing economies of
Asia, which it says may soften to 5.7% this year from the previously projected
5.8%. A drawn-out or deteriorating trade conflict between China and the U.S.
could undermine investment and growth in developing Asia, the report says.
Asia's developing economies may grow at 5.6% in 2020, the report added.