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You're reading: China’s economy posts slowest growth since 1999
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Evidence of a burgeoning recovery in exports, stronger than expected industrial output and retail sales, together with robust fixed asset investment, all indicated that Beijing’s pro-growth policy mix has gained sufficient traction to underpin a revival without yet igniting inflationary risks.

Year-on-year growth of 7.9 percent in the fourth quarter beat a consensus forecast of 7.8 percent in a Reuters poll and snapped a streak of seven consecutive quarters of slowdown.

The performance was at the upper end of the 7-8 percent rate economists reckon is needed to deliver on reforms essential to China’s long-term development after three decades of red-hot, double-digit growth.

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