Asian Development Bank president-elect Masatsugu Asakawa. Photo: Reuters

ADB could phase out loans to China, incoming president Masatsugu Asakawa says

  • Asian Development Bank is a multilateral lender seeking to lift millions of Asians out of poverty. Some say China no longer needs such support
  • Asakawa also warned that ‘slowdown in Chinese growth is inevitable’ and urged Beijing to ensure a soft landing
Topic |   Banking & Finance

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Asian Development Bank president-elect Masatsugu Asakawa. Photo: Reuters
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Cary Huang
Cary Huang
Opinion

SCMP Columnist

Sino File by Cary Huang

China’s miracle economy has a secret ingredient: cooked GDP books

  • Why fear not making good that pledge about doubling the size of the economy when the figures can simply be massaged into place?

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