World Bank downgrades Asia GDP forecast

Source: BBC
The World Bank has downgraded its economic growth forecast for East Asia and the Pacific for the present and upcoming year that was mainly driven by dull economic indicators for China. More precisely, the Bank forecasts the Asia Pacific region to grow 6.5% in 2015 and 6.4% the next year, which is lower than the previous projection of 6.7%. The recent estimate is even below last year's growth of 6.8%. 
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