China’s Hu Vows Forceful Measures to Curb Inflation – AFP

From AFP:

Chinese President Hu Jintao has vowed “forceful measures” to curb rising food prices and address a booming real estate market that has seen property prices sky-rocket, state press said Tuesday.

“The central government attaches great importance to commodity prices and has made it an important task to stabilise them,” Hu said in a New Year message delivered Monday during a visit to the northern port city of Tianjin….[Full Text]