
Ap(r) Macroeconomics Crash Course, Book + Online
Jason Welker
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Quarterly Forecast and Analysis Report, September 2012
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Owing to the decline in domestic investment and trade with the rest of the world, China's real GDP in the first half of 2012 was lower than expected. Based on forecasts from China's Quarterly Macroeconomic Model (CQMM), the slowdown of the growth rate in 2013 will be moderate as a result of modestly proactive macro control policy.
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