Friday, June 19, 2009

China's Money Tide Not Rolling Out Yet

BEIJING -- Chinese policy makers will soon need to start thinking about how to rein in their extraordinary stimulus measures, some economists say, as evidence mounts that it is succeeding in keeping growth going amid the global slowdown.

Governments around the world have been pushing cash through their economies, and China is no exception. In recent weeks, that global flood of money has started to raise investor worries about future inflation and official debt, forcing the U.S. and others to explain how they will unwind enormous injections of liquidity.

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