Developing Asia is poised to sustain its current growth momentum and is well positioned to manage risks coming from a slightly slower Chinese economy and possible uneven demand from major industrialized nations, the Asian Development Bank said. India is forecast to accelerate to 5.5 percent this year, much faster than the 4.7 percent forecast in December, although the South Asian nation was still operating below potential which can be solved by clearing investment bottlenecks, the bank said. Asian nations can undertake preemptive measures to protect the region`s growing economy from unpredictable capital inflows, said the Manila-based lender as it unveiled its forecasts for the region for 2014 and 2015.

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