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China’s economic growth has decelerated to 4.3% year-on-year in the April-June quarter, marking the slowest pace in over three years, according to official reports released on Wednesday. This decline comes as a surprise compared to the robust 5% growth witnessed in the preceding January-March period, despite a boost in exports driven by the growing artificial intelligence sector and strong global demand for Chinese electric vehicles. The latest data, falling below expectations, reflects the broader economic effects of the ongoing global challenges. Notably, China’s exports have surged by 17.6% in the first half of the year compared to the same period…
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