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22 September 2021 The on-line newspaper devoted to the world of transports 14:07 GMT+2

June 12, 2001

Asian growth forecasts cut as global downturn bites

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.

Around 126 banks, ......
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