China says economy stabilizing after long slowdown

Associated Press
China says economy stabilizing after long slowdown

People walk past the local government's slogan in Chinese reading: "China My Dream" Monday, Aug. 26, 2013 in Shanghai, China's financial hub. China's government says growth in the world's second-largest economy is showing signs of stabilizing after a lengthy decline. The chief spokesman for the Cabinet's statistics bureau, Sheng Laiyun, said Monday the government is confident it can meet its growth target of 7.5 percent this year. (AP Photo/Eugene Hoshiko)

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