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China, India drive regional growth, ADB report says

China and India are expected to push developing Asia's economic growth to a better than expected 7.7 percent this year, the Asian Development Bank said in a report in Manila yesterday.

The outlook "is supported by strong performances by [China] and India, since together these two economies account for over 50 percent of regional GDP," the ADB said in the Asian Development Outlook.

China's economy is expected to grow 10.4 percent for the year, while India's growth forecast for this year was upgraded by 0.2 percentage points to 7.8 percent, the bank said.
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