Thursday, April 19, 2007
China’s stock market dropped nearly 5 per cent on Thursday.
This is the largest decline since February 27 when a Chinese correction was blamed for triggering a global sell-off.
China's economy grew higher-than-expected 11.1 per cent in the first quarter and inflation was up 3.3 per cent in March.
These factors are increasing concerns that China will once again raise key interest rates.
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