What does the ADB forecast report tell us?

CGTN

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28:33

Growth is gaining momentum across Asia, despite the risks posed by COVID-19. A new report from the Asian Development Bank forecasts that the region will rebound to 7.3% growth in 2021, and 5.3% in 2022. So, what will be the keys of Asia’s economic recovery? Will COVID-19 continue to overshadow the process? What do 2021 and 2022 look for the Chinese economy? And why is financing a green and inclusive recovery important? Guests in this edition are Yasukuki Sawada, Chief Economist of the Asian Development Bank; Liu Zhiqin, senior fellow of the Chongyang Institute for Financial Studies at Renmin University of China; and Steve Keen, Crowdfunded Professor of Economics on Patreon.