By Bloomberg News - Apr 16, 2013
China’s
longest streak of expansion below 8 percent in at least 20 years is
sending a message to suppliers and investors around the world to get
used to slower growth in the second-biggest economy.
The 7.7
percent increase in first-quarter gross domestic product from a year
earlier marked the first time in data going back two decades that four
periods in a row have seen growth
of less than 8 percent. The figure released yesterday by the National
Bureau of Statistics in Beijing was also the worst miss of analyst
estimates since the third quarter of 2008, according to data compiled by
Bloomberg.
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