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  • China Faces Soft Task of Reining In Bank Lending
    By admin on August 8th, 2009 | No Comments Comments
    When China announced three weeks ago that its economy had grown by 7.1 /cent in the first half of this year, this country appeared to be a lone bright spot during the global recession. But many economists now worry that too much of China’s growth was fueled by aggressive, state directed lending that could eventually result in a ascendant number o...

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