World Week Ahead More weakness in China

Sun, 09 Jun 2013

By Margreet Dietz June 10 (BusinessDesk) – Friday's May US payrolls report appears to have quieted, but not put to rest, the main focus of investors: when will the US Federal Reserve begin to temper its monthly bond-buying program? Initially this week, the focus has shifted to Asia where there were signs of deepening weakness in China, fuelling concern about the slowdown in the world's second-largest economy which expanded 7.8 percent in 2012, the slowest pace since 1999. The government set a 7.5 percent growth target for 2013. This past...

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