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Tuesday, October 18, 2011

China's Economic Growth Slows Amid Cooling Efforts

China’s rapid economic growth eased in the latest quarter to a still-robust 9.1 percent amid government efforts to prevent overheating.

Growth of the world’s second-largest economy in the three months ending in September was down from the previous quarter’s 9.5 percent and the lowest level in two years, data showed Tuesday. The government said that was in line with plans to steer growth that hit 10.3 percent last year to a more sustainable level and cool politically dangerous inflation.


From: http://ping.fm/jenhn

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