Asia’s economic prospects remain the brightest in the global economy. The outlook is far better than in recession-afflicted Europe and growth will easily outstrip that of even a recovering US. The slowdown in China is certainly impacting on the region but, short of a hard landing, China’s transition to a more consumer-led and service-based economy will carry Asia through to the next level of development.
This transition, however, will not be entirely smooth, which is why for this special report for the Asian development Bank (ADB) annual meeting in Frankfurt, the front cover shows a rollercoaster.
