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China's growth slows

CHINA'S economic growth has slowed to an 8.1pc increase -- the lowest in almost three years.

The world's second-largest economy is showing the first signs of a sluggish pace as GDP dropped from 8.9pc in the previous three months. Many analysts had expected a figure closer to 8.3pc for the quarter. The massive economy has been severely hit by a drop in demand in key markets including the US and Europe.