China's Economy Cools Down as Bank Lending Slows

by Benjamin Domenech on 6:25 am August 11, 2009

“Industrial output expanded by 10.8 per cent in July from a year before, less than most economists had predicted. Fixed asset investment growth rose 32.9 per cent from a year earlier for the first seven months of year, indicating some slowing in July as half-year growth had been 0.7 percentage points higher.”

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