Booming India, China to underpin Asian growth - IMF
(AFP)
Updated: 2006-09-14 11:24
SINGAPORE - Asia is set for another year of robust growth as the twin engines
of China and India drive the emerging economies and Japan extends a recovery
from its long slump, the IMF said.
Emerging Asia will see growth of 8.3 percent this year and 8.2 percent in
2007, after 8.5 percent in 2005, the International Monetary Fund said in its
twice-yearly World Economic Outlook report.
The IMF had predicted growth of 7.9 percent in 2006 and 7.6 percent next year
in its last report in April.
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