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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