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Semi-conductor sector is rebounding strongly, but the real story is China's 11.9% GDP growth



April 14, 2010 – Comments (0) | RELATED TICKERS: PLXT.DL , ENTG , INTC

China's economy grew about 11.9% in the first quarter from a year earlier, topping expectations and expanding at the fastest annual pace in nearly three years, according to two market sources. Consumer price inflation in March was roughly 2.4%, one of the sources said.

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