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China’s Policymakers May Find Hands Tied
For China's economic planners, the latest health check from the nation's economy presents an uncertain diagnosis. Already a difficult period to analyze, thanks to distortions introduced by the shifting lunar new year holiday period, the January-February data just released paints two distinct pictures. On one side, inflation is running hot, rising to a 10-month high and suggesting growth is picking up. Exports too surged ahead, far surpassing consensus forecasts.
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