{"id":18463,"date":"2008-03-18T08:15:33","date_gmt":"2008-03-18T15:15:33","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2008\/03\/china-economy-facing-most-difficult-year-wen\/"},"modified":"2008-03-18T17:04:02","modified_gmt":"2008-03-19T00:04:02","slug":"china-economy-facing-most-difficult-year-wen","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2008\/03\/china-economy-facing-most-difficult-year-wen\/","title":{"rendered":"China Economy Facing Most Difficult Year: Wen"},"content":{"rendered":"

AFP reports <\/a>on the press conference that closed this year’s NPC\/CPPCC session:<\/p>\n

\nIn a closing press conference at the annual parliamentary meeting, Wen said his government faces the conflicting tasks of trying to create jobs through fast-paced economic growth while also battling inflation and excessive investment and credit.<\/p>\n

“I am afraid that this year could be the most difficult year for the Chinese economy,” Wen told journalists.<\/p>\n

…China’s economy boomed at an 11.4 percent clip last year, with inflation rising 4.8 percent for the year. Prices continued to climb to a near 12-year monthly high of 8.7 percent in February.<\/p><\/blockquote>\n

See also “China to Take `Forceful’ Steps on Inflation, Wen Says<\/a>” from Bloomberg. The International Herald Tribune also writes <\/a>about Wen’s discomfort as he is forced to answer questions about topics he’d rather not discuss, including the unrest in Tibetan areas<\/a> and the trial of activist Hu Jia<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

AFP reports on the press conference that closed this year’s NPC\/CPPCC session: In a closing press conference at the annual parliamentary meeting, Wen said his government faces the conflicting tasks of trying to create jobs through fast-paced economic growth while also battling inflation and excessive investment and credit. “I am afraid that this year could […]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,100],"tags":[6277,7800,6536,5936],"class_list":["post-18463","post","type-post","status-publish","format-standard","hentry","category-economy","category-politics","tag-anti-inflation","tag-economic-slowdown","tag-npc-2008","tag-wen-jiabao","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nChina Economy Facing Most Difficult Year: Wen<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2008\/03\/china-economy-facing-most-difficult-year-wen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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