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China holds on rates, posts "shockingly weak" activity growth

Video Credit: Business Video Online - Duration: 01:40s - Published < > Embed
News video: China holds on rates, posts "shockingly weak" activity growth

China's economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers, with data pointing to a broad slowdown in activity in May.

David Pollard reports.

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