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No mercy for asset bubble

China Daily | Updated: 2012-06-12 08:27

To arrest the economy's slowdown, Beijing has, in the last couple of weeks, cut interest rates, approved more investment projects and drawn up new incentives for consumer spending.

Investors are looking forward to still more measures from the government to boost growth, but economists are urging caution instead.

One thing that they are particularly concerned about is another bubble in the urban real estate market.

No mercy for asset bubble

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