Tag: Stimulus

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Economy Posts 7.7% Growth Rate in 2013

China’s economy grew by 7.7 percent for both the fourth quarter and the full year, narrowly missing estimates of a 14-year low growth rate. From Joe McDonald at the Associated Press: Those figures appeared to mask a much sharper deterioration during the three months ending in December. Factory output, exports and investment all weakened. On a quarter-to-quarter basis, economic growth dropped to 1.8 percent from the previous period’s 2.2 percent. “The