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China’s Share of Global Growth Will Soar to 30%, UBS Predicts

China may account for a record 30 percent of global growth over the next decade even as the nation’s economy expands at a slower pace, UBS AG said.

That would compare with a 12 percent share between 1998 and 2008, Beijing-based economist Wang Tao said in an e-mailed report dated yesterday, citing the International Monetary Fund for the historic data.