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Around the world: China rebounds/Jakarta floods

23 Jan 2013 by

China growth rebounds

World 02
China’s growth rate rebounded in the final quarter of 2012 (to 7.9%) offsetting fears of a hard landing for the Chinese economy and providing a boost to the global resources sector.

Jakarta floods

Seasonal rain has brought Jakarta to a standstill and even led to calls for the capital to be relocated from the flood-prone city.