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Spending cuts take toll on Japan growth

China Daily | Updated: 2009-12-10 08:04

Spending cuts take toll on Japan growth

A worker walks past Komatsu Ltd hydraulic excavators at the company's plant in Osaka, Japan. The nation's exports increased 6.5 percent from the previous quarter. Bloomberg News

TOKYO: Japan's economy expanded less than a third of the pace initially reported in the three months to September as companies slashed spending.

Spending cuts take toll on Japan growth

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