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Tue, 22 May 2012 19:30:31 -0700
BEIJING (Reuters) - The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity. In a biannual East Asia and Pacific economic update, the World Bank said a slowing China will drag growth in emerging East Asia to two-year lows this year ...
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World powers offer Iran a new nuclear package
Wed, 23 May 2012 07:00:50 -0700
World powers sought Wednesday to pave the way to ending the decade-old and escalating Iran nuclear crisis by laying out a new package of proposals they said would be "of interest" to Tehran.
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World Bank warns of China slowdown
Wed, 23 May 2012 05:30:48 -0700
The World Bank said a slowdown in China will drag on growth in the entire East Asia-Pacific region.
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World Bank Says Asia Must Watch Prices as Growth Slows
Tue, 22 May 2012 19:21:06 -0700
The World Bank said policy makers in Asia’s emerging economies must guard against inflation risks and be prepared to reverse policy easing, even as slowing growth in China and Europe’s sovereign-debt turmoil hurt exports.
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