CHINA-ECONOMY: WORLD BANK FORECASTS 4% DROP IN CHINA'S GROWTH RATE
BBC (April 17) quoted official Chinese data that say China's GDP shrank by 6.8% for the first three months of the year. The World Bank says in the base case scenario, China will see growth fall to 2% this year from 6% last year - and if things get worse, it would see growth fall to 0.1%.
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