Tuesday, July 24, 2007

China Government Says Prevention of `Overheating' Is Top Second-Half Goal

(Bloomberg) -- China's top planning agency said
prevention of ``overheating'' is the most important policy goal
in the second half of 2007, reiterating a government priority to
prevent escalating prices and curb inflation.

The government ``will apply economic and legal policy tools
to cool the growth pace in the economy,'' according to a press
statement released today in Beijing by the National Development
and Reform Commission ahead of a press conference.


Read more at Bloomberg Emerging Markets News

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