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ADB Cuts its Asia Growth Forecast

Asia's developing economies will not expand at the rate expected because of slower than forecast growth in U.S. and China, the Asian Development Bank (ADB) announced on Thursday. China, slower economy For China alone, full annual growth for 2015 is now estimated at seven percent, down from 7.2 percent previously and is to ease further to 6.8 percent next year, according to the ADB. The ADB said that a slower Chinese economy is affecting the entire developing Asia...

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