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Dousing China's commodities frenzy

But if the mainland's equity bubble is any guide, regulators may find it difficult to cool the excessive speculation without triggering a collapse in prices

Shanghai

FROM the Dutch tulip craze of 1637 to America's dot-com bubble at the turn of the century, history is littered with speculative frenzies that ended badly for investors.

But rarely has a mania escalated so rapidly, and spurred such fevered trading, as the great China