The Asian Development Bank has announced that the economic growth rate of the Asia-Pacific region will recover to + 7.3%.
While China's growth is driving the whole, he points out that the re-expansion of the new coronavirus infection in India and other countries is a risk factor.
On the 28th, the Asian Development Bank announced the economic outlook for the Asia-Pacific region, excluding some developed countries such as Japan and Australia.
According to this, the economic growth rate of this year is + 7.3%, and it is predicted to recover from last year, which was minus 0.2% due to the spread of the new coronavirus infection.
China, which is said to have suppressed the infection as soon as possible, is driving the overall situation by increasing exports and personal consumption by 8.1%.
In Southeast Asia, ▽ Indonesia is expected to grow by 4.5% and ▽ Thailand by 3%, showing relatively low growth.
Furthermore, ▽ India has increased to 11% this year in reaction to the previous year's minus 8%, but recently the number of newly infected people exceeds 300,000, and the spread of infection is a risk. I pointed out that it was a factor.
The Asian Development Bank has stated that "re-spreading of infection is a threat" throughout the region, and there is concern that economic recovery will be delayed depending on the status of infection and vaccine spread.