The latest data released by China on Wednesday shows that the country’s rapid growth in money supply has continued. Mr. Zhou and his colleagues at the Chinese central bank have only begun the difficult and dangerous task of reining it in — a task that still lies ahead of the United States Federal Reserve as it begins its own gradual taper this year.
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Keith Bradsher, The New York Times via CHINA US Focus http://ift.tt/1iVxhVu
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