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China’s Economy Slows to Weakest Since 2009 as Output Wanes

Bloomberg business news

Is Chinese Economy Worse Than Government Reports?

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China’s economy expanded at the weakest pace since 2009 last quarter, with output, investment and retail data pointing to a deepening slowdown.

Gross domestic product rose 7 percent in the three months through March from a year earlier, the statistics bureau said in Beijing Wednesday, matching the median estimate of economists and the leadership’s full-year expansion target. Data for the month of March showed industrial production was weaker than all 40 estimates in a Bloomberg News survey.