Wed, Jul 17, 2013 - Page 15 News List

ADB lowers growth forecasts for Asia

ANNUAL UPDATE:The bank said that China’s slowing economy has hit Taiwan and Hong Kong hard, but East Asia should grow 6.7 percent this year and next year

AFP, MANILA

The bank lowered its inflation forecasts for developing Asia to 3.5 percent this year and 3.7 percent next year.

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