The World Bank said policy makers in Asia’s emerging economies have room to provide more fiscal stimulus as China’s slowdown drags the region’s growth to an estimated 11-year low in 2012.
Growth in developing East Asia, which excludes Japan and India, will probably ease to 7.2 per cent from 8.3 per cent in 2011, the Washington-based lender said in a report.
That is the slowest pace since 2001, according to World Bank data,...
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