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Rising Chinese incomes defy GDP slowdown
Greater share of output is going to country's citizens; this explains govt's restraint in eschewing broad-based stimulus
Published Tue, Oct 21, 2014 · 09:50 PM
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Beijing
CHINA'S economy is slowing. Yet for the person on the street, incomes are rising, jobs are secure and inflation is restrained, helping explain the government's restraint in eschewing broad-based stimulus.
Obscur…
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