World Bank cuts China forecast, urges measured policy
Tue, 22 May 2012 19:30:31 -0700
BEIJING (Reuters) - The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity. In a biannual East Asia and Pacific economic update, the World Bank said a slowing China will drag growth in emerging East Asia to two-year lows this year ...
Read More...
World Bank cuts Chinese growth forecast
Tue, 22 May 2012 23:01:27 -0700
The World Bank has cut its economic growth forecast for China this year to 8.2pc and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity....
Read More...
