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China working towards more economic reforms

Addressing the Communist Party, China’s president Hu Jintao said the country will deepen its economic reforms aimed mainly at expanding domestic demand. The president’s statement comes at a time when China is experiencing its slowest economic growth rate for three

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China trade data in surprise sign of strength

China’s export growth has increased while inflation has slowed, in a sign of strength in the world’s second-biggest economy. In May, exports jumped 15.3% from a year earlier, beating expectations. In April they were up by 4.9%. However, industrial production

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