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Markets fret and rejoice at the same time over China
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With China’s growth comfortably back where the government wishes it to be, at 7.5 per cent, the markets have reverted to their usual schizophrenia. They rejoice that the engine of growth for many Asian and Latin American countries is back on track. Simultaneously, though, they fret that growth bought by a return to easier credit policies will lead to deeper troubles in China. Fears of the disruption accompanying any slowdown have been replaced by worries of the consequences of excessive leverage.

manbetx3.0 manbetx20客户端下载 增长率轻松地回升到7.5%这个政府制定的目标,投资者也随之回复到了他们往常所处的精神分裂状态。一方面,他们感到欢欣鼓舞,乐见身为诸多亚洲和拉美国家增长引擎的manbetx3.0 回归了正轨。另一方面,他们又忧心忡忡,担心manbetx3.0 重新利用较宽松信贷政策来保证增长会引发更深层次的问题。原先他们害怕manbetx3.0 manbetx20客户端下载 不平稳会伴随增长放缓,现在他们则转而担忧过度的杠杆会导致的种种后果。

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