The World Bank has a grim outlook for the global economic situation next year.

It predicted the global economy will grow nine-tenths of a percent next year, as gross domestic production growth in developing countries will drop to four-point-five percent from six-point-three percent this year.

Advanced countries are expected to experience average negative growth in their GDP.

China will see a seven-point-five percent economic growth rate next year, down from nine-point-four percent this year.

Overall global trade volume will decrease two-point-one percent next year to finish in the red for the first time since 1982.

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