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China economy grows 7.5% in the second quarter

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China's economy grew 7.5 percent in the second quarter from the year-ago period, beating a broad consensus estimate of 7.4 percent and coming after the 7.4 percent expansion in the first quarter.

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China aims to strike balance as economy transitions

China 's top brass is pledging reforms and dispelling fears of a hard landing in key national meetings that started over the weekend, underscoring Beijing's efforts to stabilize market sentiment and assert the Communist Party's leadership.