China's Economic Growth Accelerates, Analysts Say Full-Year Growth 8 Percent Possible
China's economic growth accelerated in the second quarter amid a stimulus-fueled surge in consumer spending and factory output, putting the government's 8 percent full-year growth target within reach. The world's third-largest economy expanded by 7.9 percent in the April-June period from a year earlier, up from 6.1 percent growth in gross domestic product the previous quarter, the National Bureau of Statistics reported Thursday. "The data showed the economic recovery is stronger... Full Story
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