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BEIJING—China’s financial enlargement slowed a notch within the second quarter, as a top-priority authorities debt cleanup took its toll even earlier than development takes an anticipated hit from the commerce combat with the U.S.

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The financial system grew 6.7% within the second quarter from a 12 months earlier, down barely from 6.8% within the quarter earlier than that, the federal government’s statistics bureau reported Monday. The tempo was consistent with market expectations. For the primary half of 2018, the financial system grew 6.8% from a 12 months earlier.

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