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ECONOMY
THIS WEEK> THIS WEEK NO. 21, 2014> ECONOMY
UPDATED: May 19, 2014
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To shield the economy from the shocks of the global financial crisis, China adopted a proactive fiscal policy and a loose monetary policy. However, the side effects yielded by the drastic credit expansion have begun to surface, such as high corporate debt ratios, severe overcapacity and operational risks in the financial market


 
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