China's Economic Growth Rebounds

Yahoo Finance
China's Economic Growth Rebounds

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China's economic growth rebounded in the latest quarter, easing pressure on communist leaders for more stimulus and allowing them to focus on longer-term reforms.

The world's second-largest economy grew by 7.8% over a year earlier in the three months ending in September, boosted by higher government spending, data showed Friday. That was up from a two-decade low of 7.5% the previous quarter.

Reporting by Joe McDonald, Associated Press.

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