Independent journal on economy and transport policy
01:20 GMT+2
Asian growth forecasts cut as global downturn bites
(South China Morning Post)
June 12, 2001
The moribund global economic outlook and in particular the U.S. slowdown has seen economists lop sizable chunks off this year's growth forecasts for Asia's regional economies.
Of the 13 countries surveyed in the latest quarterly Reuters economic survey, 11 had growth forecasts pared back compared with a similar survey three months ago.
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