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Evening Standard

Business

Michael Hunter

City fears of global slowdown mount as China’s rebound falters

China City Bank of England Inflation

Worries about a global slowdown reverberated around the City and the world today, after official numbers from China showed the world’s economic powerhouse was barely growing.

The concern came at the start of a key week for UK data, with inflation expected to stay above 8% even after 13 consecutive rate hikes from the Bank of England.

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