ADB predicts higher GDP growth for China, India

The Asian Development Bank published a report Thursday 8 September forecasting higher GDP growth for China and India, but expressing concerns for Asian countries of higher oil prices.

The Manila-based ADB said in a report released Thursday, "Developing Asia's healthy expansion is expected to continue, with growth projection of 6.6 percent in both 2005-06 and 2006-07."

As to South Asia, the report states, "Growth in South Asia is on track for 2005, with India continuing to expand at a brisk pace