Thursday 24 September 2015

ADB revises down regional growth as China and India slow

POLITICAL ECONOMY
ADB revises down regional growth as China and India slow
Hong Kong (AFP) Sept 22, 2015 - Weaker growth in China this year is expected to cause a slowdown in the rest of Asia, the Asian Development Bank said Tuesday as it became the latest major body to revise down its forecasts for the world's number two economy. It also warned central banks to prepare for an expected Federal Reserve interest rate rise, with many nations already seeing huge capital outflows as dealers look for s ... more


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