Exchange Rates

China’s Growth Slows to 10.3%

Posted by Scott Boyd at 8:53 am UTC, 07/15/2010

Expansion in China’s economy eased somewhat in the three months ending in June, falling to 10.3 percent from 11 percent in the first quarter, and nearing the official target of 8 percent. In a bid to contain inflation, the Chinese government has implemented rules to curb property speculation and tightened credit availability.

Source: BBC News

Filed under: Forex Round Up

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