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OECD sees China growth at 8.2% in 2014

The Organization for Economic Co-operation and Development (OECD) on Tuesday said China’s economic growth may pick up from an expected 7.7% this year to 8.2% in 2014, Reuters reported. “Growth is accelerating and inflation remains low, domestic demand has led the turnaround,” OECD said in its latest report on the global economic outlook. The OECD outlook was rosier than a recent Reuters poll that showed China’s economic growth could slow to 7.4% in 2014 from an expected 7.6% this year – the weakest in 14 years. The government is aiming for 7.5% growth in 2013.

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