World Economy

WB Cuts China GDP Growth

WB Cuts China GDP GrowthWB Cuts China GDP Growth

Jim Reid from Deutsche Bank remarks that the World Bank cut its 2014 GDP growth outlook for China to 7.4% from the previous forecast of 7.6%, but is more constructive on other Asian countries, FXStreet reported. “However, except for China the World Bank is rather constructive on the rest of the region,” he said.