Economic growth likely to slow to 8.7% in Q4/2010.

By bne IntelliNews November 30, 2010
China's economic growth is likely to slow to 8.7% during the fourth quarter of this year. As reported by Xinhua China Money, the State Information Center (SIC) stated however that the economy is estimated to still grow by 10 % for the full year on the back of a 10.6% growth rate for the first three quarters. The SIC attributed the slowdown to the authorities' intensified efforts in energy conservation and emissions cutting, strict implementation of measures targeted at curbing housing prices, and slower export growth.

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