The World Bank cut its growth forecast for Asia-Pacific region

Note: This section contains information in English only.
Source: Reuters
The World Bank revised its growth forecast for the East Asia and Pacific region downward on Monday and indicated that China's economic slowdown was likely to worsen and last longer than expected. However, it is anticipated that China will face a soft landing with a 7.7% growth outlook for this year and 8.1% for next year. 

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