Eastern skies

Eastern skies

After slamming brakes on growth, China reaches for stimulus

(From The Los Angeles Times) BEIJING — After months of careful tinkering aimed at slowing China's supercharged economy, Chinese officials may have gotten more than they bargained for: The nation's economic engine is decelerating with alarming speed.

Industrial production in April hit its slowest pace in more than three years, while growth in exports sputtered and imports were flat.

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