Asia economic growth forecast 2012

Asia economic growth forecast 2012 : Asia's emerging economies will grow robustly into 2012, led once again by China, the troubles in the United States, Europe and Japan will clip their momentum.The resilience of the region, which has led the world since the 2008/09 global financial crisis , means policymakers cannot relax in the fight against inflation even as global growth concerns overtake price pressures as the dominant economic risk.

That will keep investors edgy and capital flows in Asia volatile - both inflows on the region's outperformance and the chance of a sudden withdrawal if risk appetite is pared, the ADB said in its Update.

Despite global woes, growth will be healthy across the region, the ADB said. Developing Asia - made up of 45 countries in Central Asia, East Asia, South Asia, Southeast Asia and the Pacific - is expected to grow 7.5% in 2011 and 2012, down from April forecasts of 7.8 and 7.7% respectively, and growth of 9% in 2010. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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