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The U.S. numbers have helped to turn around risk appetite but investors are treading carefully because the rise in European bond yields suggest that Spain could be forced to request a bailout that will make Greece look like child's play.
China’s first-quarter economic growth cooled to its slowest pace in 11 quarters due to weak export growth and sluggish construction
http://www.marketwatch.com/story/china-gdp-growth-cools-to-81-below-estimates-2012-04-12
