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China Vows to Achieve Annual Growth Target After Economy Weakens

Chinese officials pledged to meet the full-year growth target after Q2 GDP growth unexpectedly slowed to 4.3%, below the official 4.5%-5% range. The State Council said fiscal spending would be maximised and pointed to a seven trillion yuan (about $1 trillion) 'Six Networks' infrastructure programme covering data centres and underground pipelines.

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