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Apr 16 2009

6.1% Growth "Is a Recession in China" But "More Optimistic Tone Justified"

Posted by: yahootechticker in Yahoo Tech Ticker

China’s economy grew 6.1% in the first quarter, a rate most nations would kill for but amounts to “a recession in China,” says Nariman Behravesh, chief economist at IHS Global Insights.China needs at least 8% growth or more to absorb surplus lab

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