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China looks like it might be trying to dampen stimulus expectations, with the state-backed...

Sep. 13, 2012 6:15 AM ETBy: Yigal Grayeff, SA News Editor1 Comment
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.

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