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WRAPUP 1-Robust China economic growth shows signs of fading in July
China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree. A few sectors, such as steel, seem to have defied this slowdown in economic activity. Analysts polled by Reuters had predicted output would grow 7.2 percent, down from a better-than-expected 7.6 percent in June.
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