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International Business Times
International Business Times
Business
AFP News

Stocks, Oil Prices Slump On Economic Headwinds

China's National Bureau of Statistics said that gross domestic product expanded 5.2 percent, in line with expectations. (Credit: AFP)

Stock markets and oil prices slumped Wednesday as investors reacted to weak Chinese growth data and an unexpected rise in UK inflation.

China's economy, the world's second-biggest after the United States, grew last year at one of its slowest paces in more than three decades.

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