China’s economic growth accelerated in the fourth quarter of 2012, confirming a rebound for the world’s second-largest economy after a more than two-year slowdown.
The country’s gross domestic product rose by 7.9% from a year earlier in the fourth quarter, the National Bureau of Statistics said Friday. That was up from 7.4% growth in the third quarter and slightly above expectations for a 7.8% rise, according to the median forecast in an earlier Wall Street Journal poll of 17 economists.
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Aaron Back, Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/6uGw8jzATiU/
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