China's Economy: Another Blazing Quarter

The mainland's 11.9% second-quarter growth rate blew past market expectations and suggests more aggressive cooling measures are on the way

China's supercharged economy just won't let up. On July 19, Beijing announced a set of torrid economic numbers that came in ahead of already bullish market forecasts. China's $2.8 trillion economy clocked 11.9% growth in the second quarter, the fastest pace in about 12 years.

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