 | | Measures against inflation
In common with other Asian markets, China's inflation rate has been boosted by a combination of factors. The rapid credit expansion cycle, rising food prices and higher fuel costs have all contributed to propel China's CPI to around 5 per cent in March. In order to mop up excess liquidity, which has increasingly been reflected in the property market, as well as to counteract potential social unrest triggered by higher food costs, China has embraced a variety of measures aimed at dampening price pressures. (...) Continue in PDF download |
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