The Asian Development Bank (ADB) has said the economies of China and India are set to grow by more than previously thought in 2009. It said government spending in developing Asian economies had enhanced the region's growth prospects. The ADB now expects China to grow by 8.2 per cent in 2009, up from an earlier forecast of 7 per cent. India's forecast has been raised to 6 per cent from 5 per cent. But it also warned governments not to withdraw stimulus policies too soon. The ADB said in its updated annual outlook a surge in bank lending and vigorous fixed-asset investment has maintained growth at a higher pace than was expected in March. But it added this is not the time for an exit from expansionary policies – the recovery remains fragile and subject to serious downside risks.