World Bank warns of risks to East Asia growth
World BusinessNov 22, 2011
HONG KONG (AP) ― The World Bank held its East Asian growth forecast steady but warned of growing risks including Europe’s sovereign debt crisis and uncertainty about Thai manufacturing’s recovery from widespread flooding.In a half-yearly report on the outlook for the region, the bank on Tuesday forecast economic growth of 8.2 percent this year and 7.8 percent in 2012, practically unchanged from an earlier prediction in April.Growth in East Asia’s economic lynchpin, China, is expected to ease to