China

Chinese Economy Showing Signs of Improvement

Experienced 7.9 percent growth in the last three months of 2012

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China's economy, the world's second largest, is showing signs of a rebound that could help it emerge from its worst economic period in 13 years.

According to the latest government figures, growth picked up to 7.9% in the final three months of 2012, from 7.4% in the previous quarter.

This was driven by state investment in infrastructure projects and efforts to get consumers and companies to spend.

Economic stability is seen as vital for China as its new leaders take over.