China's economy slows on reduced world demand

Monday, October 20, 2008

There's bad economic news out of China this morning, showing signs the financial crisis is affecting the Asian nation with the world's fastest growing economy. China's economy grew at a rate of 9 percent in the most recent quarter. That may not sound all that bad by Western standards, but it's the slowest growth rate in China in five years.


Quentin Somerville

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