BrunGa
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ADB cuts India's GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening The ADB expects the Chinese economy to expand by 3.3 per cent in 2022 rather than the 5 per cent forecast earlier. Lockdowns from the zero-COVID strategy, problems in the property sector, and weaker external demand continue weighing on the economic activity in China, said the report.