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China's Economy Grows 8.9%, Fastest Pace in a Year

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"China’s economy expanded at the fastest pace in a year as stimulus spending and record lending growth helped the nation lead the world out of recession," according to Bloomberg.  “It’s all a question now of making sure they don’t overdo the stimulus,” said Stephen Green, head of China research at Standard Chartered Plc. “The probability of stronger guidance to banks on lending growth is rising.”
SOURCE:   Bloomberg

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