China GDP growth slows to 4.7% in Q2, missing forecasts

Result raises stakes for third plenum as property woes, weak demand 'hit brakes'

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Beijing's Central Business District. China is aiming for GDP growth of "around 5%" this year. © Reuters

GRACE LI, Nikkei staff writer

HONG KONG -- China's economic growth slowed to 4.7% in the second quarter from a year earlier, likely amplifying calls for more effective stimulus as Communist Party leaders begin their highly anticipated third plenum in Beijing.

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