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China's economy slows down; New fracking law targets chemicals; Charitable giving rises; New speeds for helicopters; Al Jazeera English gains a foothold

China's economy slows downChina’s booming economy is beginning to slow amid rising inflation, increased labor costs, and growing local-government debt. Chinese economists have lowered growth forecasts to about 8.5 percent, from earlier estimates of 9 percent to 10 percent.The New York Times

New fracking law targets chemicalsTexas this week became the first state to require drillers to publicly disclose the chemicals added to the water they pump under high pressure to free oil and gas from dense underground rock formations. Environmentalists have said the process, called fracking, can taint water supplies.Associated Press

Charitable giving risesCharitable giving in the United States rose 4 percent last year after two years of big drops. Corporations and individuals donated about $290 billion in 2010, according to the Giving USA Foundation. The increase is one sign of a rebounding economy.The Washington Post

New speeds for helicoptersHelicopter makers in Europe and the United States are testing prototypes that can fly as fast as 280 mph, up from about 175 mph. They plan to market the machines to businesses in remote locations and to emergency responders.The Wall Street Journal

Al Jazeera English gains a footholdCable channel Al Jazeera English posted a 135 percent ratings gain this spring in Los Angeles, where it is shown on KCET-TV, a public TV station. Until the L.A. broadcasts began in February, the network had been unable to gain a foothold in the U.S.The New York Times

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