Asian Development Outlook 2016
ADB Predicts China's Growth to Plummet by 6.5 Percent in 2016
| Charissa Echavez | | Mar 31, 2016 08:34 AM EDT |
China's growth will plummet by 6.5 percent in 2016 and further reduce to 6.3 percent in 2017, according to the annual economic outlook released by the Asian Development Bank (ADB) on Wednesday, further cautioning the country's huge industrial overcapacity.
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