Summary Box: World Bank cuts China growth outlook
WORRIED ABOUT SLOWDOWN: The World Bank cut its 2012 growth forecast for China on Thursday, adding to warnings the world's second-largest economy might slow too abruptly, and said Beijing should be ready to launch a new stimulus if needed.
THE NUMBERS: The bank stressed it expects a "soft landing" rather than a steep decline in China's economy. It expects China's economy to grow 8.2 percent, down from a previous outlook of 8.4 percent.
THE REASONS: The World Bank said U.S. and European economic woes and Chinese lending and investment curbs imposed to cool an overheated economy were weighing on growth.
