China's Economic Growth Unexpectedly Slowed to 9.6%

BEIJING, China (July 20) – China’s economic growth unexpectedly slowed in the second quarter, suggesting government lending curbs are cooling the world’s fastest-growing major economy. Gross domestic product rose 9.6 % from a year earlier after climbing 9.8 % in the first quarter, the government said in Beijing. The Hang Seng China Enterprises Index, which