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    Long live china's slowdown

    Business, Stephen S Roach, Published on 02/05/2013

    ยป At 7.7%, China's annual gross domestic product growth in the first quarter of this year was slower than many expected. While the data were hardly devastating relative to a consensus forecast of 8.2%, many (including me) expected a second consecutive quarterly rebound from the slowdown that appeared to have ended in the third quarter of 2012. China doubters around the world were quick to pounce on the number, expressing fears of a stall, or even a dreaded double dip.

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