Source: CCTV.com

05-06-2009 10:59

The Asian Development Bank says China's economy may have already bottomed out, and be on way to recovery.

ADB President Haruhiko Kuroda was speaking to reporters at the press conference on the last day of the bank's Annual Meeting.

The Asian Development Bank says China's economy may have  already bottomed out, and be on way to recovery.

He adds, the South Korean economy showed signs of recovery in the first quarter, and Japan's industrial production showed some signs of bottoming out.

He is optimistic that Asia's economy will recover by the end of next year.

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Editor:Qin Yongjing