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Chinese Export Growth Tumbles
HONG KONG — Signs that the Chinese economy is sputtering mounted Friday, in the form of dismally feeble trade data that fanned expectations that Beijing would soon step up its efforts to buttress growth before a key leadership transition this autumn.
China’s giant economy has emerged as a key driver of global growth, and hopes are high that rising affluence, urbanization and development will help mitigate the weakness of the European and U.S. economies.
