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    China Daily | Updated: 2013-09-12 07:34

    Slow growth rate

    China's economic growth rate has indeed dropped, but I don't see any reason for the rest of the world to be unduly worried about that. Slow and sustainable economic growth is better than experiencing a boom only to be followed by recession.

    The two-digit economic growth rate that China registered for years was phenomenal considering its size, resources and population. Another country, similar in size, resources and population, might not have been able to achieve that rate of success.

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