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Transcripts For BLOOMBERG Asia Edge 20140120

Is. And the aussie markets as well. We saw the aussie dollar falling earlier. The asx giving up some of its earlier declines. Resource shares active today. Crude has been trading sideways. This is what we see so far. Jakarta is now at half of the trading day. It is a quarter one percent higher insole in seoul. Tochinas Economic Growth slow down in the Fourth Quarter. Lets get more from Stephen Engle who is in beijing. Steve, what have we got here . Economic growth, as you said, slowing in the Fourth Quarter in china to 7. 7 from 7. 8 . The median testament from economists was for 7. 6 . So a deep forecast, albeit by disabled albeit by just a little bit. It is still a yearoveryear figure. Authorities are managing down growth expectations though, trying to whittle down the risks in the Financial System due in part to over leverage. There has been a bit of a cash crunch in this economy as lending has been tightened. Already nine provinces have set lower gdp targets for this year from last

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