According to an economic outlook report from an Asia Pacific Economic Cooperation (APEC) business advisory body, China's economy is expected to remain strong in 2011, but inflationary pressures are likely to rise further due to rising food prices.
According to the report, Chinese authorities are looking to ensure that the inflationary pressures do not "spill over" into price pressures in other areas of the economy or into inflationary expectations, which may lead to further cuts in lending quotas and more hikes in reserve requirements and interest rates.
Showing posts with label APEC Business Advisory Council (ABAC). Show all posts
Showing posts with label APEC Business Advisory Council (ABAC). Show all posts
Tuesday, February 15, 2011
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