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The world's second-largest economy grew 7.5 percent in the three months ending in June, down from 7.7 percent in the previous quarter, as growth in factory production and investment slowed. Some analysts fear growth could slide below 7 percent in coming quarters. Chinese leaders are facing pressure to steer the economy to a goal of 7.5 percent growth for the year, which is far stronger than forecasts for the United States, Europe and Japan, but would be the country's weakest performance since 1991. Exports to the United States, China's biggest foreign market, edged up 2.3 percent, leaving a trade surplus of $19.1 billion. Exports to the 27-nation European Union shrank 2.8 percent, for a trade gap of $10 billion. Exports contracted by 3.1 percent in June while imports shrank 0.7 percent. ___ General Administration of Customs of China (in Chinese):
http://www.customs.gov.cn/
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