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Chinese economy recorded a growth rate of 5.4% in the third quarter of the year, surpassing expectations and setting the course for achieving the annual target range of 5% to 5.4%. This follows a slow growth of 3.4% in the previous quarter, which was the slowest period in over three years due to the impacts of oil prices and the situation in the Middle East. Despite this increase, economic performance remains uneven, as exports face weak domestic demand, but experts anticipate an improvement in the final quarter of the year.
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