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China's Economic Growth Ebbs to Lowest in Two Years |
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Tuesday, 17 January 2012 13:45 |
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China appears on track to avoid an abrupt economic slowdown with possible global repercussions after growth eased to a still robust 8.9 percent in the last quarter of 2011.
The expansion in the world's second-largest economy was the slowest in 2 1/2 years but December retail sales and factory output accelerated, data showed Tuesday. Growth in the previous quarter was 9.1 percent.
Source: AP
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