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Confidence China is coming off its worst annual economic performance

Tuesday, October 15th 2013 - 07:59 UTC
Full article 2 comments

China, a major driver of the global economy, is coming off its worst annual economic performance since 1999 after GDP managed an expansion of just 7.7% last year. Authorities, however, say weaker growth is in line with their desire to shift the country's economic growth model toward what they see as slower and more sustainable private-led demand rather than previously popular credit-fuelled state-driven investment projects. Read full article

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