ADB lowers forecast for China GDP
By Xin Zhiming | China Daily | Updated: 2008-12-12 07:57
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A liquefied natural gas carrier, made by Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co Ltd, is delivered in April. Shao Jianping |
The Asian Development Bank (ADB) notched down its forecast for China's annual economic growth next year to 8.2 percent from the previous forecast of 9.5 percent, saying the deepening global financial crisis has intensified its grip on Asian economies.
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