Reuters: Money News: IMF cuts China growth outlook, urges cap on social financing

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IMF cuts China growth outlook, urges cap on social financing May 29th 2013, 04:46 BEIJING (Reuters) - The International Monetary Fund cut its growth forecast for China this year to 7.75 percent from 8 percent, citing a weak world economy and exports, adding to concerns that the world's second-largest economy is losing momentum.

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