World bank decreases economic growth forecast in Asia/ Hong Kong to 4.1%
World bank lowered economic growth forecast of Asia countries broadly. World bank said Asia economy would be negatively influenced by declining export to US and Japan, slowing down revival of investor confidence, banks and enterprises. Hong Kong was degraded from previous 4.4% to 4.1%, Japan was moved down from 2% to 1.2%, Thailand edged down from 4.5% to 3% and China climb down by 0.2% to 7.3%.
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