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China Economy Sees Retail Sales Grow 22 Percent

November 12th, 2008 · No Comments

Despite the threat of a global recession, the Chinese economy saw retail sales grow 22 percent year over year in October according to MarketWatch.

Analysts suggest the bump in Chinese economic retail sales is a result of purchases intentionally planed after the Beijing Olympics.

The Chinese economic news holds retail sales at an 11 year record high.

Tags: China Economy

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