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March 2011

East Asian economies to grow by 8 percent in 2011 and 2012

World Bank Data Team's picture

Singapore, March 21, 2011 – According to the World Bank’s twice-yearly economic update on the East Asia and Pacific region, real GDP growth in East Asia will settle to about 8 percent in 2011 and 2012 from about 9.6 percent in 2010. Growth in the region was surprisingly strong and broad based, with six countries in developing East Asia growing by 7 percent or more in 2010.