ASIA: 'Slower Growth for East Asia in 2007' - ADB

HONG KONG - The regional economy in East Asia will post slower growth in 2007 because of a slowdown in America and Europe, and the region could be upset by global market turbulence triggered by U.S. recession jitters, the Asian Development Bank said Thursday.

The average GDP growth for East Asian economies would slow to 4.4 percent next year from 4.9 percent in 2006, according to the Manila-based bank's forecast in its twice-yearly report.

Click here for more: http://www.iht.com/articles/ap/2006/12/07/business/AS_FIN_Asia_Economic_Outlook.php