Tightening the Reins

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  Beijing is feeling mounting pressurefrom China’s runaway economy,which grew 10.9 percent in the firsthalf of this year. On July 21 and26, the Central Governmentsummoned two high-level meetings tochart a course for the country’s eco-nomic development in the secondhalf of the year, in a bid to ensurethat goals set at the start of2006 will materialize byyear’s end.
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