News Snapshot:
BOAO, Hainan, The growth rate of the Asian economy in 2021 is expected to reach at least 6.5 percent and Asia should be a major engine for sustainable global recovery, according to reports released by the Boao Forum for Asia (BFA) Sunday. The figure of 6.5 percent represents a significant rebound from the 1.7-percent contraction registered last year, said the report titled "Asian Economic Outlook and Integration Progress," citing data from the International Monetary Fund (IMF). South Asia will see its economy grow 9.7 percent this year, the fastest growth in the region, the report said, citing the IMF. East...