ADB: Growth holding up in APAC but trade tensions pose risks

A new report by the Asian Development Bank says growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a consolidation of India's growth rebound. But escalating trade tensions will test the region's resilience, underscoring the importance of efforts to bolster trade ties among its countries.

ADB maintains its forecast that the region's gross domestic product will grow at 6.0% in 2018. The growth forecast for 2019 is trimmed by 0.1 percentage points to 5.8%.