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World Bank slashes China s growth forecast from 4 3 per cent to 2 7 per cent for 2022

The World Bank slashed its economic growth outlook for the world’s second-largest economy, China, by almost a point and a half in its latest forecast published on Tuesday. This comes after the country's nearly three years of stringent ‘zero-Covid’ restrictions and its abrupt ease, earlier this month, following countrywide protests. 

China: Domestic and External Conditions are Leading to a Weakened Economic Outlook

China: Domestic and External Conditions are Leading to a Weakened Economic Outlook
finchannel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finchannel.com Daily Mail and Mail on Sunday newspapers.

World Bank slashes China growth forecasts on Covid woes, property crisis

The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second-largest economy.

World Bank slashes China growth forecasts on Covid woes, property crisis

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs

World Bank slashes China growth forecasts on Covid woes, property crisis

The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy. In a statement, the institution slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also revised its forecast…

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