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2012-09-19 — bloomberg.com
The world's third-largest economy grew at half the pace initially estimated in the second quarter, highlighting a contraction risk worsened by Japanese factories in China shuttering amid a territorial dispute. The Fed's open-ended plan to buy mortgage-backed securities pressured the BOJ to act to avoid further yen appreciation, according to BNP Paribas SA economist Ryutaro Kono.
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