Asian economies are likely to show robust growth this year supported by China and India, though growth could slow in the second half of the year.
Jong-Wha Lee, chief economist of Asian Development Bank says any significant slowdown in the global recovery will affect Asia. But he assures the strong resilient recovery of the large countries like China and India helps Asia to grow. He adds there will be moderation of recovery partly due to a different base.
In April, ADB forecast China would grow at 9.6 percent and India at 8.2 percent this year. But the figures may be revised this September. Growth in the two economies could decelerate in the second half, due to the base effect.