China 's economy grew 9.1 % in the third quarter from a year earlier, the slowest pace since 2009, driving stocks lower on concern that Europe's debt crisis is dragging in the global recovery.Asia's benchmark stock index sank after China's growth was limited by tighter credit and weaker demand from Europe where Germany yesterday rejected speculation that any immediate resolution of the regions crisis is possible. A slowdown in the pace of Chinas expansion, which remains five times that of the US, may help Premier Mr. Wen Jiabao to tame inflation that is above the government's target.
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