Pacific Ocean, travel, Hawaii, Kauai,
Pacific Ocean, travel, Hawaii, Kauai,

Pacific Tribune

Gathering Art and Lifestyle News about Issues for the Pacific Basin
February 5th, 2008

WB cuts China growth forecast to below 10%

WB cuts China growth forecast to below 10%

The Chinese economy will grow at 9.6 percent this year, instead of 10.8 percent as forecast earlier, because of a global economic downturn, the World Bank (WB) said yesterday.The bank’s latest quarterly economic update on China, however, says the impact of the snowstorms battering a large part of the country now would be limited and temporary.

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Posted in China, capitalism, financial markets |

This entry was posted on Tuesday, February 5th, 2008 at 6:58 am and is filed under China, capitalism, financial markets. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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