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Monday, December 10, 2012

China's export growth slows sharply.

China had a bit of a long-weekend data dump that provided a mixed picture, with the most notable figure a big fall in export growth in November to 2.9% on year from 11.6% in October. Consensus was for a 9.6% rise. Inflation rose to 2% from a 33-month low of 1.7%, while industrial production grew 10.1% from 9.6% and topped forecasts.

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