SOURCE / ECONOMY
By Global Times Published: Apr 18, 2021 03:15 PM
BFA Secretary General Li Baodong at the 2021 BFA in Boao, South China's Hainan Province on Sunday Photo: Chi Jingyi/GT
An annual report from Boao Forum of Asia (BFA) shows the performance of Asian economies, led by China, has performed significantly better than that of the rest of the world in the past months, predicting Asian economy will experience continuous growth of more than 6.5 percent in 2021.
Under the impact of the coronavirus pandemic, Asian economies have experienced a sharp drop in growth rates, however, Asian economic performance as a whole has been significantly better than that of the rest of the world, said the report.