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East Asia continues to be the engine driving the global economy

According to a recent report by the World Bank (WB), East Asia will continue to be the fastest growing economy in the world despite the cut in the growth forecasts for emerging East Asian economies. The WB has cut its

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Fake economic data a serious problem for Chinese policymakers

There have long been doubts about the quality of Chinese economic data, until finally the Chinese government has admitted it. China’s National Bureau of Statistics has said that a county government in Yunnan province “faked” economic data by inflating the

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World Bank lowers China’s growth projection

The World Bank’s forecast of China’s economic growth went down from 8.2% to 7.7% amid the dwindling economy of the nation caused by economic problems in two of its key markets, the Eurozone and the US. The weak demand for

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China's inflation falls to 30 month low

Chinese inflation dropped to its lowest in 30 months, to 1.8 per cent in July, following a rise of 2.2 per cent in June, opening up space for the government to stimulate the faltering economy. The world’s second largest economy

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China’s inflation falls to 30 month low

Chinese inflation dropped to its lowest in 30 months, to 1.8 per cent in July, following a rise of 2.2 per cent in June, opening up space for the government to stimulate the faltering economy. The world’s second largest economy

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