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World Bank predicts East Asia growth at 7.8 percent in 2013

April 15, 2013

East Asia economies are projected to grow by 7.8 percent this year, outpacing last year’s growth and potentially boosting the world economy, according to a new report by the World Bank Group. But World Bank Vice President for East Asia and Pacific, Axel van Trotsenburg, said in order to maintain sustained long term growth, East Asia governments must create jobs and improve infrastructure.