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The World Bank said that it slashed its forecast to 2.7% from the 4.3% predicted in June. It also revised its forecast for next year from 8.1% down to 4.3%. ....
Indian Morning Briefing: Asian Markets Mixed; PBOC Keeps Benchmark Lending Rates Unchanged morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022, underscoring the challenges facing China’s economy. ....