OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
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By Alex Lennane
The World Bank has warned that there is significant economic risk to China and East Asia, and has cut its growth forecasts. While lower oil prices would help growth, global economic uncertainties, a strengthening dollar and higher US interest rates and monetary policy divergence could be harmful. It also recommended reducing supply mismatches.
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