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Exerting macro controls

By Xia Bin | China Daily | Updated: 2010-08-05 07:48

Monitoring monetary policy, realty prices and local financing platforms will be key to ensuring a smooth economic run

A liquidity overhang early this year led to rapid rise in home prices and inflation concerns. The necessity of exerting tighter macroeconomic control therefore became evident.

These curbs have shown positive results during the near term. It is important, however, to learn from past experience and plan for the next few months.

Exerting macro controls

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