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mpc: 9 In Japan, the all-activity index had fallen a little in November, but the broad picture of an increase in growth from around the middle of last year was intact. China continued to provide a significant impetus to world demand, with GDP in 2003 Q4 estimated to have been around 10% higher than a year earlier. It seemed unlikely, on current evidence, that avian flu would have a large or lasting effect on Asian economies.