Pandemic to keep Asia's growth at lowest since 1967, warns World Bank


TOKYO: The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while up to 38 million people are set to be pushed back into poverty, the World Bank said in an economic update on Monday.

The bank said the region this year is projected to grow by only 0.9%, the lowest rate since 1967.

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World Bank , GDP

   

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