Sunday, July 14, 2013

L.A. Times - Asia: China economic growth slows, partly on purpose

L.A. Times - Asia
Headlines from latimes.com
thumbnail China economic growth slows, partly on purpose
Jul 15th 2013, 03:12, by By Julie Makinen

Although it's a 'painful process,' China's leaders seem willing to sacrifice rapid economic expansion for stable growth that creates jobs with higher salaries.

BEIJING — China's economy is slowing fast. And that may be a very good thing.

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