Home Business Politics Life Culture��Edu Sci��Tech Sports Photos
��Search
China Observer
�� China should put an end to interest tax
�� Keep a cool head about Chinese people's fastest income growth
�� Generation of the 1980s pursues a material life
Photos
�� First boer goat with somatic cell cloning tech born
�� Wulong Karst seeks world culture heritage listing
�� Shanghai Jewelry Fair kicked off
Coconut Oil, Flash Mp3 Player , Fruit , Electric Scooter, Leather Sofa,
Swimwear, Beverage Dispenser, Kitchen Furniture, GSM Phone, Juice
Concentrate, Tractor Fertilizer, Car Engine , Electric Atv, Automotive
Switch , Display Showcase, Zinc Sulphate, Access Point, Network Card,
Laptop, Recovery Card, Aluminium Profile, Granite Countertop, Wind
Generator, Power Strip, Milk Powder, Ice Cream, Sweet Corn, Ketchup,
Yellow Tea, Instant Noodle, Frozen Seafood, Apple Juice, Nescafe,
Beverage Container, Baby Food, Digital Photo Frame, Silk Flower, Bamboo
Handicraft, Christmas Tree, Badge, Candle.
��Home>>Business
PBC: Inflation still haunts China
www.chinanews.cn 2007-04-10 17:54:19
Chinanews, Beijing, April 10 - According to a report by Beijing Times, Yi
Gang, assistant governor of the People's Bank of China (PBC), said that
due to the imbalance of payment, and the rising fixed investments and
monetary credit, China should still be aware of possible inflation.
This is the second time for Chinese officials to openly comment on
financial problems this year.
Some 2 months ago, when there was expected to be an interest rate hike,
Yi said that the PBC was planning to raise interest rate, and 32 days
later, the interest rates for deposits and loans were both raised by
0.27%.
Based on publicized data, the fast-growing payment in the first two
months of 2007 has already laid the foundation for inflation. The monthly
growth of CPI in those two months was 2.2% and 2.7% respectively, higher
than the international warning line of 2%.
"China will enhance the management of liquidity in the future," said Yi.
��China has no inflation pressure in middle term
��China has admitted inflation pressures
��China likely to face greater inflation pressure
��China unlikely to have inflation, expert
Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service
Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet
No comments:
Post a Comment