China May Be Experiencing `Contraction'

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April 9 (Bloomberg) -- Patrick Chovanec, an associate professor at Tsinghua University's School of Economics and Management in Beijing, talks about China's economy. China's consumer prices probably gained less than the government’s 4 percent annual target for a second month, rising 3.4 percent in March from a year earlier, according to the median forecast of 33 economists surveyed by Bloomberg News for a report due today. Chovanec speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)