Mid-day Update

PODCAST: China’s slowing growth

Stacey Vanek Smith Apr 16, 2014
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Two Chinese workers prepare to remove scaffolding at a construction site in Beijing on April 15, 2014. Chinese exports and imports fell sharply in March, data showed on April 10, as officials noted that the world's second-largest economy faces headwinds from tougher regional competition and 'friction' with trade partners.  WANG ZHAO/AFP/Getty Images
Mid-day Update

PODCAST: China’s slowing growth

Stacey Vanek Smith Apr 16, 2014
Two Chinese workers prepare to remove scaffolding at a construction site in Beijing on April 15, 2014. Chinese exports and imports fell sharply in March, data showed on April 10, as officials noted that the world's second-largest economy faces headwinds from tougher regional competition and 'friction' with trade partners.  WANG ZHAO/AFP/Getty Images
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China’s first quarter Gross Domestic Product (GDP) growth in 2014 was 7.4 percent, the slowest China’s economy has grown in a year and a half.  Markets in Asia rose because of China’s GDP news. Slower growth, however, could be an indication that China’s leadership is serious about making tough changes to its economic model.

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