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Word Bank: East Asia Economies Resilient Amid Global ‘Deterioration’

The economic forecast for the East Asia and Pacific (EAP) region remains positive despite a “deterioration” in the external economic and geopolitical environment, according to a World Bank economic report released Thursday. The region—which consists of key apparel and textile sourcing countries like China, Vietnam and Cambodia, as well as those with developing potential for the industry, like…

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