Economics
China’s Slowdown Tests Commitment to Pare Export Role
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China’s commitment to reduce dependence on exports and investment may be challenged as the world’s third-largest economy slows more than estimated.
Industrial-production growth cooled the most since 2008 in June, government data showed yesterday in Beijing, as regulators shutter energy-intensive factories. Gross domestic product rose a less-than-forecast 10.3 percent in the second quarter from a year ago, down from 11.9 percent in January to March.