Friday, April 13, 2007

Asia to grow 8.5 pct in '07, amid US demand risk-IMF

(Reuters) - "While global growth has become more balanced, the main risk remains uncertainty surrounding U.S. growth prospects," the IMF's Asia and Pacific Outlook stated.

"Ongoing weakness in the housing sector, and the potential for spillovers into consumption -- and Asian exports -- is still a key concern," it said.


Read more at Reuters.com Economic News

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