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JAN 20, 2014 - Yahoo! News

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China's economy grows 7.7 percent in 2013, more cooling seen

By Aileen Wang and Kevin Yao BEIJING (Reuters) - China's economy grew 7.7 percent in 2013 after easing in the final three months on sagging investment growth, a cooldown that some analysts say is a sign of the more sober times ahead as the government wrestles to implement major reforms. With China stepping up its efforts to remake its economy by promoting domestic consumption at the expense of exports and investment, some analysts predicted that the world's second-largest economy may lose further momentum this year. "I think it will be very difficult for growth to hit 8 ... Read More

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