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World Bank warns of slowdown for APAC economies

China is among the economies where GDP is expected to weaken.

Developing economies of East Asia and the Pacific are set to see slowing growth, with higher-for-longer interest rates and worsening geopolitical tensions clouding the outlook for the region, the World Bank said.

Gross domestic product growth is seen at 4.5% for 2024 and 4.3% for 2025, down from

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