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Beijing determined not to let market sell-off hurt growth

Output of finance industry accounts for 1.3 points of China's 7% Q1 growth

Published Fri, Jul 17, 2015 · 09:50 PM

    Hong Kong

    AS THE usual drivers of economic growth have faltered in China, the stock market euphoria has helped pick up the slack, with a slate of businesses feeding off the frenzy.

    But as the market cools, the Chinese economy is losing a major boost, adding pressure on the government to take further action.

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