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Economy

Coronavirus pushes 38m Asians below poverty line: World Bank

Tourism collapse and weak exports fuel rise of 'new COVID poor'

A Filipino family eats instant noodles, in a tent set up as a makeshift evacuation center, amid the coronavirus outbreak, in Manila.   © Reuters

BANGKOK -- The East Asia and Pacific region faces a rapidly growing class of "new COVID poor" despite relative success in containing the pandemic, according to the World Bank.

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