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    Lower China factory output prompts stimulus hopes

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    euronews (in English)

    by euronews (in English)

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    China's factory output growth slowed unexpectedly in July.

    It was the weakest in more than three years hit by the effects of the eurozone debt crisis and a sluggish recovery in the United States.

    Economists now expect further interest rate cuts and other stimulus measures from the Beijing government to support an economy that has seen growth sliding for the last six quarters.

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    http://www.euronews.net/