Tag: chinas

Asian Development Bank president Masatsugu Asakawa is in India to attend the G20 Summit. Responding to a questionnaire from TOI, he said India is on a promising growth path and strong domestic demand will act as a buffer against external slowdown. He also elaborated on how ADB is seeking to revamp operations to meet new challenges, a key agenda item for the summit. Excerpts:What is your expectation of the global economy? Do you expect inflation to moderate and the growth rate to pick up?Global demand will be weaker...