World Bank Cuts Developing East Asia Forecast

World Bank Cuts Developing East Asia Forecast

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Interactive Video

Business

University

Hard

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The video discusses the World Bank's revised growth forecasts for East Asia, focusing on China's economic slowdown and its impact on the region. The forecast for China has been lowered due to moderating growth and lack of massive stimulus. The video also highlights uncertainties affecting regional growth, such as risks in the euro area and Japan. Growth in the region, excluding China, is expected to accelerate due to recovery in high-income economies and domestic reforms. Malaysia's growth forecast is raised due to strong exports. China's growth is expected to slow as the government addresses financial vulnerabilities.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the previous growth forecast for China before it was lowered?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the uncertainties affecting the region's growth?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the growth in the region excluding China expected to change next year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific growth forecast was raised for Malaysia this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What policies is the Chinese government implementing to address financial vulnerabilities?

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