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A modest but "clearly discernible deceleration in Chinese...

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    A modest but "clearly discernible deceleration in Chinese growth" was under way. Rio expected China's gross domestic product growth would fall from nearly 12% in 2007 to about 10% this year and 9% in 2009.

    "I believe that the China phenomenon is sustainable, and will outlast the cyclical impacts of the mature and troubled financial centres," Mr Albanese said
 
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