(Source: Beijing Municipal Government) China's economy shows signs of a pickup after seven quarters of slowing growth, leading to a cautious sigh of relief as the year approaches its end. Time to welcome the New Year with champagne? Perhaps. Most analysts and market observers are forecasting that the world's second-largest economy will be on a much smoother keel next year, provided domestic demand expands and the specter of the eurozone debt crisis begins to release its grip on other global markets. "The economic momentum in China has turned a corner since September, with recent data pointing to a continuing stronger performance," said Huang Yiping, an economist at...
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