ADB Chief Nakao sees Asian economy growth as 'solid' despite trade war - Reuters

In a group interview on Monday, the Manila-based institution, Asian Development Bank’s (ADB) President Takehiko Nakao sounded upbeat on the Asian economic growth prospects despite the negative effects of the US-China trade war, Reuters reports.

Key Quotes:

Regional economies in Asia were sustaining solid growth led by domestic demand and the services sector.

Trade friction between the world’s two largest economies is impeding growth in China.

“It’s natural for the Chinese economy to slow.”