Developed economies to increase demand for Asian products – ADB
Date: 11:23, 04-05-2014.
Astana. May 4. Silkroadnews – Developed countries are expected to increase their demand for Asian products, as ADB’s VP Bindu Lohani informs.
“Central Asian economic growth reached 6.5% in 2013. This mainly happened due to the economic growth in Kazakhstan. We are expecting economic growth to remain at 6.5% in the near future. The economies of developed countries are recovering faster now. This means positive things for Central Asia, as demand for its products is to be rising”, he said at the ADB’s AGM.
He claims that Chinese economic growth is to start growing slower and smoother at the same time, as it starts undergoing reforms.
