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World Bank lowers expectations for growth in East Asia for the years 2015 and 2016
05.10.2015
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The World Bank cut its forecast for growth in East Asia and the Pacific for 2015 and 2016 and said that the risk of a sharp slowdown in China and the potential impacts of the expected increases in interest rates in the United States, the impact on the outlook for the future.
Now the bank is expected to grow East Asia and the Pacific, which includes China, 6.5 percent in 2015 and 6.4 percent in 2016, down from 6.8 percent in 2014.
The previous forecast in April was 6.7 percent in both 2015 and 2016. It ended 29 quarters e
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