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CHINA TO GROW OVER 3%: LIN YIFU

CHINA PRESS

China's growth rate this year will be over 3% with ample room for further

fiscal support if necessary, the 21st Century Business Herald reported.

Citing Lin Yifu, the Dean of the National School of Development at

Peking University, the Herald's report said total debt raised by the central and local

governments, including implicit debts, accounts for less than 60% of

GDP, while the ratios of most developed countries exceed 100%.

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