The earlier headlines on the World Bank cuts to East Asia and China GDP forecasts are here
Bloomberg have a bit more detail up now:
- Slower-than-expected growth in China will put pressure on commodity exporters, as well as trade, foreign direct investment and tourism in the region
- The scope to ease monetary policy is constrained by the need to safeguard financial stability, while room for fiscal expansion is limited
- Further currency depreciation could cause balance-sheet strains and such risks are especially a concern in Indonesia, Malaysia, Thailand and Vietnam
