The content originally appeared on: CNN Hong Kong (CNN Business)The World Bank said on Tuesday that countries in Asia may have to deal with three major economic shocks this year - the war in Ukraine, a sharp slowdown in China, and rate hikes from the US Federal Reserve. The development bank cut its 2022 growth forecast for East Asia and the Pacific (EAP) region to 5% from 5.4%, and warned that growth couldslump to 4% if conditions weaken further, trapping […]
