APEC slashes 2022 growth forecast to 3.2% for Asia-Pacific region

APEC slashes 2022 growth forecast to 3.2% for Asia-Pacific region

The Asia-Pacific Economic Cooperation group (APEC) has said it expects the region’s economic performance to be weaker this year. It has cut its GDP growth forecast to 3.2%, shaving a full percentage point off its last projection three months ago.…