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China Will Sustain Growth Rebound, Central Bank Says

Thanks to its generous stimulus package and growth in loans, China’s financial forecast is generally positive. From Bloomberg: China will sustain its economic rebound this quarter and growth is likely to top the government’s 8 percent target for 2009, the central bank said. Policy makers need to “manage inflation expectations,” curb excess capacity and encourage sustainable lending growth, the central bank said in a report on the third-quarter economy, posted