Chinese always fools us with their numbers...Crude Rises After Chinese Growth Exceeds Expectations
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By Mark ShenkOct 21, 2014 3:33 PM ET
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West Texas Intermediate crude rose as Chinese economic growth exceeded analysts’ estimates, signaling stronger fuel demand in the world’s second-biggest oil-consuming country. Brent futures gained in
London.
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China’s
gross domestic product advanced 7.3 percent in the July-September period from a year earlier, the statistics bureau said today in Beijing. That exceeded the 7.2 percent median estimate in a Bloomberg survey of analysts.