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Thursday, Sep 13
2012, 6:15 AM
China looks like it might be trying to dampen stimulus expectations, with the state-backed...
China looks like it might be trying to dampen stimulus expectations, with the state-backed Xinhua news agency publishing an editorial warning that huge spending to boost the slowing economy could be "detrimental" given the large local-government debt and bad loans that are still left over from the country's previous stimulus in 2008.