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For China, excess economic stimulus not as risky as tapering stimulus too quickly, economists say

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[unable to retrieve full-text content]China’s economy is not at risk of overshooting on economic stimulus, despite the recent strong rise in commodity prices, and any attempts to aggressively taper economic support would be more detrimental than helpful, according to economists.The domestic prices of steel, copper, coal and other raw materials – key ingredients in the infrastructure and real estate building boom that has powered China’s relatively quick recovery – shot up to record levels in recent weeks on the back of strong…

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[unable to retrieve full-text content]
China’s economy is not at risk of overshooting on economic stimulus, despite the recent strong rise in commodity prices, and any attempts to aggressively taper economic support would be more detrimental than helpful, according to economists.The domestic prices of steel, copper, coal and other raw materials – key ingredients in the infrastructure and real estate building boom that has powered China’s relatively quick recovery – shot up to record levels in recent weeks on the back of strong…

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