From Beijing Time via China Economic Net:
Latest survey by China’s central bank shows that 42.6 percent of bankers in the country believe that the macro economy is overheated, and 26.6 percent think the situation will continue.
The People’s Bank of China and the National Bureau of Statistics quarterly send questionnaires to principals of all kinds of banks including foreign-funded ones, asking them about impression upon the current economic situation.
Some 42.6 percent of bankers think the macro economy is overheated in the second quarter of this year, and 26.6 percent predict such situation will continue in the next quarter, which is the maximum ratio in history.[Full Text]
More reading on China’s recent economy:
China moves to fend off economic overheating
Fearing Inflation, China Tightens Monetary Policy for 2nd Time in 6 Weeks
