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China's reforms continue to be slow, safe and steady

Beijing has gone in for gradual progress on many fronts
Tuesday, May 6, 2014 - 06:00

[BEIJING] Six months into China's grand economic makeover, Beijing is playing it safe, choosing gradual progress on many fronts over game-changing, riskier reforms such as removing all controls over bank interest rates. Yet taken together, the incremental steps promise to reach enough critical

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