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(Image from article: "China growth tops forecast, inflation fight goes on")

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China growth tops forecast, inflation fight goes on

China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook.

Treasury's Geithner says China needs faster yuan rise

China's yuan currency remains "substantially undervalued" and it is in Beijing's own interest to let it appreciate more rapidly to ward off inflation risks, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

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