Rapid growth will benefit neighbours


CHINA’S rapid economic upswing will offer unprecedented market opportunities for neighbouring economies in East and Southeast Asia in the coming two decades, said a senior expert with the Asian Development Bank (ADB). 

China’s growth has induced a variety of dramatic adjustments in East Asia, but the benefits for every regional partner will outweigh the costs if accommodating multi-lateral trade policies are developed, said David Roland-Holst, a senior expert with the ADB Institute. 

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