According to the World Bank report, there is a fall in the growth rate of developing countries like East Asia and China. According to the Washington-based lender, growth in China is going to be 6.7% in 2015 and 2016 from 6.9% growth in 2014.  And according to the World Bank, developing East Asia countries excluding China is expected to grow at 5.1% in 2015 and 5.4% in 2016 from 4.6% in 2014. Reason for China, is slow down in its policies that aimed at putting its economy in a more sustainable way.  And higher US interest rates and an appreciating US dollar may raise borrowing costs. Read more at:

 http://www.moneycontrol.com/news/world-news/world-bank-cuts-east-asia-growth-forecast-warnsrisks-to-outlook_1355974.html?utm_source=ref_article