China's Slowing Economy a Mixed Blessing for Asian Neighbors

Economists say China’s slowing economic growth may be a cause for concern for some of its neighbors in Asia, especially those that have become more dependent on China’s booming economy in recent years.

This week Beijing announced that its economy grew 7.5 percent in the second quarter of the year (compared to 2012) — a figure largely in line with observers’ expectations, but still a dramatic departure from years of near 10 percent growth. 
This slowdown has been …

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