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China still has sufficient room for.....>

CHINA PRESS
CHINA PRESS: China still has sufficient room for monetary policy manoeuvring but
any decision on further interest rate cuts should come after closer observation
of the economy, Economic Information Daily said in a front-page commentary on
Friday. While monetary easing has had a significant impact on curbing the
short-term decline in the economy, it could also drive higher inflation and
asset prices and hinder the restructuring of China's economy in the long run,
the commentary said. 

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