ADB forecasts developing Asian economies in recession in '20

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ADB forecasts developing Asian economies in recession in '20

FILE - In this April 14, 2020, file photo, a foreign tourist walks along an empty road lined with closed shops in Bali, Indonesia. The Asian Development Bank has forecast Tuesday, Sept. 15, 2020 that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. (AP Photo/Firdia Lisnawati, File)
FILE - In this June 1, 2020, file photo, people board a train while they keep distance as a measure to prevent the spread of the coronavirus during the first day of a more relaxed lockdown in Manila, Philippines. The Asian Development Bank has forecast on Tuesday, Sept. 15, 2020 that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. (AP Photo/Aaron Favila)
FILE - In this July 17, 2020, file photo, Apple fans cheer as the doors to a new flagship store are opened at Sanlitun in Beijing. The Asian Development Bank has forecast that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. The report said on Tuesday, Sept. 15, 2020 that China, where the pandemic began, has already begun to recover and will see its economy grow 1.8% this year. (AP Photo/Ng Han Guan, File)

ADB forecasts developing Asian economies in recession in '20

FILE - In this April 14, 2020, file photo, a foreign tourist walks along an empty road lined with closed shops in Bali, Indonesia. The Asian Development Bank has forecast Tuesday, Sept. 15, 2020 that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. (AP Photo/Firdia Lisnawati, File)
FILE - In this June 1, 2020, file photo, people board a train while they keep distance as a measure to prevent the spread of the coronavirus during the first day of a more relaxed lockdown in Manila, Philippines. The Asian Development Bank has forecast on Tuesday, Sept. 15, 2020 that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. (AP Photo/Aaron Favila)
FILE - In this July 17, 2020, file photo, Apple fans cheer as the doors to a new flagship store are opened at Sanlitun in Beijing. The Asian Development Bank has forecast that developing economies in the region will contract in 2020, the first such downturn in nearly 60 years. The report said on Tuesday, Sept. 15, 2020 that China, where the pandemic began, has already begun to recover and will see its economy grow 1.8% this year. (AP Photo/Ng Han Guan, File)