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Asian Chemical Connections

China GDP Slowdown No Surprise

By John Richardson ALL but two analysts out of a Bloomberg survey of 41 over-estimated China’s first-quarter GDP growth. Monday’s announcement of the 7.7% increase – pushing China in to the longest streak of expansion below 8% for 20 years – understandably, therefore, led to numerous downgrades in full-year 2013 growth forecasts. For example: *Louis […]

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