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ECONOMICS COMMENTARY Oct 18, 2013

Chinese economic growth picks up to 7.8% in third quarter, but may be a peak

Economic growth in the third quarter picked up in China, but the prospect of a further improvement in the fourth quarter looks unlikely. Although export growth may revive, domestic demand and investment look set to act as dampeners on the economy. Nevertheless, the government's modest growth target of 7.5% for 2013 should easily be achieved.

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