China takes cautious approach to boosting economy

03/10/2009 | FinanceAsia.com (Hong Kong)

Analysts are divided on whether the decision by China's policymakers not to expand the nation's economic stimulus is complacency or a sign of disciplined management that will avoid creating excess capacity. There was widespread speculation that Chinese Premier Wen Jiabao would announce an expanded stimulus during a speech last week to the National People's Congress, but instead he reiterated the importance of the original plan.

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