World Bank Growth Forecast Down for Asia

The Independent
Thu, 09 Oct 2014 23:00:30 +0000
Business, Asean, Growth Forecast Down for Asia, South East Asia, World Bank

On Monday, a report from the World Bank revised projected economic forecasts for the developing nations of East Asia. Key factors in the revised forecast include China’s slowing economic expansion and the tightening of monetary policy in developed nations. The World Bank growth forecast for China was originally set at 7.6% for this year and …