China Trade Data Showed Contracted Growth.

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    • Abstract:
      The article reports that according to the General Administration of Customs of China (GAC) economic growth rate declined in May 2013. It states that exports increased by one percent, which is the lowest growth since July 2012 and imports decreased by 0.3 percent. It mentions that exports to the U.S., which is the country's important export destination, fell by 1.6 percent. It highlights that fixed asset investment declined by 20.4 percent.