A、robust investment B、rapid export increase C、the yuan’s peg of 8.28 to the dollar D、falling oil demand and lower steel and prop

China’s economy showed unexpected strength in the second quarter as industrial output and investment remained robust despite government attempts to engineer a slowdown, data on Wednesday showed.
   China’s gross domestic product in the second quarter grew 9.5 per cent from a year earlier, above market estimates for a 9.3 percent rise. It was the eighth straight quarter of annual growth over 9 percent.
   Many economists, pointing to falling oil demand and weaker steel and property prices, had expected a moderate slowdown in growth for the second quarter and the rest of the year.
   "The need for slowing the economy is still quite obvious, ’although there are people arguing there will be some adjustment corning through automatically as company margins are being squeezed," said Yiping Huang, a Citigroup economist in Hong Kong.
   "There are still some problems in the economy that policy makers need to address," he added.
   Wednesday’s data showed growth still being fueled by an export boom, a sensitive political issue between China and the United States.
   The strength of the economy may reinforce the conviction of critics in Washington and elsewhere that the yuan’s peg of 8.28 to the dollar is un fairly low,  but analysts discerned no new trends in the data to add urgency to the currency reform debate.
   "This data shouldn’t have any implications for a yuan revaluation. That’s another story," said Yasuo Sone, an economist with Nomura Inter national in Hong Kong.