China, Second Quarter Earnings | featured news

(Image from article: "China growth tops forecast, inflation fight goes on")

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Stock market is ending the week on a sour note

Stocks are opening lower on Wall Street, deflated by signs that the global economic meltdown is being felt across Asia... China reported sharply lower growth in its exports. The so-called fiscal cliff, when U.S. government spending cuts and higher taxes kick in on Jan. 1, looms larger now that the distraction of earnings season is over.

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China growth tops forecast, inflation fight goes on

China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook.

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