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ECONOMICS COMMENTARY Jul 15, 2013

Chinese economic growth slips to 7.5%

China's economic growth rate slowed for a second successive quarter in the three months to June. Official data showed gross domestic product up 7.5% on a year ago in the second quarter, down from 7.7% in the first quarter and 7.9% in the closing months of last year. The official data follow signs of deteriorating growth from the business surveys, which also indicate that growth could weaken further.

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