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15 October 2012

“The weaker growth was sort of inevitable at some stage“

Business quote of the day.

By Helen Roxburgh

“The weaker growth was sort of inevitable at some stage”                

Jim O’Neill, chairman of Goldman Sachs Asset Management, on China’s inflation rate dipping to 1.9 per cent. In the second quarter, China’s economic growth slowed to a three-year low, hit by falling demand for exports and slowing investment in the country.

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