Economic projections for China and other parts of Asia were lowered by the World Bank on Monday, but with a greater degree of uncertainty surrounding the organization's forecasts.
China's economy is expected to grow some 6.9% in 2015, down from a previous forecast of 7.1%, and lower than the 2014 expansion of 7.3%
The World Bank said it expects the East Asia and Pacific (EAP) region to grow 6.5% in 2015 and 6.4% the following year, down from 6.8% growth in 2014.
Policymakers in China have been steadily increasing stimulus measures over the last year to help support growth as the property sector continues to come under pressure and export demand wanes.
The People's Bank of China (PBoC) has lowered interest rates five times since November and cut the Reserve Requirement Ratio on several occasions also.
The lastest economic indicators still point to lackluster activity in China though. Manufacturing activity continued to contract last month, according to both the government's index and the privately-run Caixin Purchasing Managers' Index (PMI).


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