China must address excess liquidity - Qiu

China must address the issue of excess liquidity that is driving strong credit and fixed asset investment growth in the country, Xinhua News Agency reported, citing Qiu Xiaohua, the head of the National Bureau of Statistics (NBS).

Qiu also cited the imbalance in international payments, too much energy consumption and increasing pressure on the environment as concerns for the economy

"Although these problems are not having a major impact on the economy for the moment, if they keep going this way

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