19:43, 22-Jan-2018
World Bank on 2018 Economies: Fasted-growing region in the world is East Asia and the Pacific
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Let's take another look now at the World Bank's economic forecast for 2018. It expects the global economy to expand by three point one percent in 2018, slightly up from three percent last year. Most of the predicted growth will be driven by emerging economies, in particular commodity exporters.
Asia is expected to remain an engine of global growth, with the fasted-growing region being East Asia and the Pacific. China's economy expected to expand by a six point four percent. And growth in India is expected to rise to seven point three percent.