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Economy cools in 3rd quarter

By Chen Jia | China Daily | Updated: 2011-10-19 07:51

Economy cools in 3rd quarter

Hard landing ruled out due to robust consumption

BEIJING - Economic growth cooled in the third quarter to its slowest pace in more than two years amid tightening measures, debt fears in the euro zone and a sluggish US economy.

But the world's second-largest economy is not facing any risk of a hard landing given its sound fundamentals, economists said.

Economy cools in 3rd quarter

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