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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

World Bank slashes China s growth outlook to 2 7 percent in 2022 | Property

US-based institution sees China’s economy growing 4.3 percent next year, down from 8.1 percent.

World Bank Cuts China Growth Forecasts On Covid Worries

In a statement, the World Bank slashed its forecast to 2.7 percent from 4.3 percent predicted in June.

World Bank cuts China growth forecasts

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.

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