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Recovery in East Asia and the Pacific has been undermined by the spread of the COVID-19 Delta variant, prolonging the distress for firms and households and likely slowing...
The World Bank has revised its projection higher for China's GDP growth. It is expected to expand by 8.5 percent year-on-year in 2021, compared with a forecast of 8.1 percent in April.
The World Bank has revised its projection higher for China's GDP growth. It is expected to expand by 8.5 percent year-on-year in 2021, compared with a forecast of 8.1 percent in April.
The World Bank has further cut its economic growth projection for Malaysia to 3.3% in 2021, from an earlier estimate of 4.5% in June. This is the bank's second revision.