World Bank trims developing East Asia growth forecast
epa10895207 Workers at a construction site in Beijing, China, 02 October 2023. The World Bank downgraded its growth forecast for developing East Asia and Pacific, citing a sluggish China and global demand amid still-high interest rates and dampened trade. It now expects developing economies in East Asia and the Pacific to grow 5 percent in 2023, according to its report published on 02 October. EPA/WU HAO
