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China GDP points to steadier commodity demand

Posted on 19 October 2012

It’s probably not going to be too hard to find bearish analysis of China’s economic growth data, but much of this will miss the point. While the 7.4 percent expansion in gross domestic product in the third quarter from a year earlier was lowest since the first quarter of 2009, all this tells us is what we already knew.
The Chinese economy has slowed more than had been hoped for by the rest of the world and by more than the authorities would have wanted………………………………………..Full Article: Source


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VRS - who has written 36545 posts on Opalesque Commodities Briefing.


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