MANILA: East Asia's economic growth this year should be the strongest since the Asian financial crisis, despite high oil prices and slowing export growth in the second half, the Asian Development Bank (ADB) said yesterday.
Growth was likely to moderate to 6.5% next year with oil prices, a hard landing for China, and a disorderly adjustment of the US current account deficit the main risks, the Manila-based ADB said in its semi-annual Asia Economic Monitor (AEM).
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