China Vows to Curb Inflation – Reuters

From the Inernational Herald Tribune:


Prime Minister Wen Jiabao said Wednesday that China would tighten policy further to prevent the economy from overheating and to keep inflation in check.

In a statement issued after a regular meeting of the State Council, or cabinet, Wen said rising upward pressure on prices was one striking problem facing the economy, along with excessive liquidity in the financial system, runaway investment growth and an oversized trade surplus.[Full Text]

See CDT’s earlier coverage of China’s inflation.

June 13, 2007, 5:30 PM
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Categories: Economy