China poised to tap policy brakes as economy gathe

By Nick Edwards BEIJING (Reuters) - China's recovery from its slowest year of economic growth since 1999 likely accelerated in the first three months of 2013, fuelled by a credit boom that could quickly be thrown into reverse if property speculation and inflation gather pace. A double-digit rise in bank lending and a surge in total credit in the economy in the first three months of the year, together with forecast-busting import growth in March, have set analysts thinking the economy is expanding faster than expected and policymakers may have to act to restrain it. "We're expecting 8. ...