Summary Box: China's economic growth ebbs in 4Q (AP)

SOFT LANDING SEEN: China's economy expanded at the slowest pace in 2 1/2 years during the fourth quarter, showing evidence that the world's second-largest economy appears on track to avoid an abrupt economic slowdown.

FAR-REACHING IMPACT: Slower growth in China, one of the world's biggest importers, could have global repercussions if it cuts demand for iron ore, industrial components and other goods from Australia, Brazil, Southeast Asia and elsewhere.

CHALLENGING GOALS: Growth decelerated in 2011 as Beijing hiked interest rates and tightened investment curbs to prevent overheating and tame politically dangerous inflation.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120117/ap_on_bi_ge/as_china_economy_summary_box

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