World Bank lowers global growth forecast for 2022 to 4.1%

The Global Financial Corporation released its latest report, "Global Economic Outlook" on January 12, and predicts that global economic growth will increase by 5.5% in 2021 and 4.1% in 2022. According to the report, developed countries are expected to grow by 0.4% and 0.2% respectively, to 5% in 2021 and 3.8% respectively in 2022. New markets and developed countries are expected to grow 6.3% in 2021 and 4.6 %. in 2022. The World Bank has forecast that the US economy will grow 5.6% in 2021, down 1.2% from its previous forecast, and 3.7%.% in 2022, in 0.5% decrease. The euro area economy is expected to grow by 5.2% in 2021 and 4.2% in 2022. Meanwhile, the World Bank predicts that the Chinese economy will grow by 8% in 2021 and by 5.1% in 2022. (Xinhua) Communication)