China economy: 'Momentum is picking up'

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China's economy rebounded in the last quarter of 2012, growing by 7.9%, compared with growth of 7.4% seen in the previous three months.

However, it was not enough to prevent the country's worst annual performance in 13 years as growth for 2012 came in at 7.8%.

Rajiv Biswas from IHS Global Insight says China's growth momentum is picking up, which is crucial to global growth.

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