World Bank raises China 2018 growth forecast to 6.5%
|The World Bank publishes its updated growth forecasts for East Asia and Pacific on Thursday, upping the 2018 growth forecast for the developing region.
Key Highlights:
Raises China 2018 growth forecast to 6.5% from 6.4%.
Raises 2018 growth forecast for developing East Asia and Pacific to 6.3% from 6.2%.
Region's economies may need to adopt tighter monetary policy & larger fiscal buffers.
This is to guard against short-term risks.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.