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Chovanec Sees Signs of `Very Serious' Slowdown in China

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July 1, 2012 9:20 PM EDT Patrick Chovanec, a business professor at Tsinghua University in Beijing, talks about the outlook for China's economic growth and its central bank monetary policy. China’s manufacturing expanded at the weakest pace this year as new orders and export demand dropped, showing the government has yet to arrest an economic slowdown. Chovanec speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) (Bloomberg)

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