亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

 

Heading off inflation

0 CommentsPrint E-mail China Daily, October 21, 2010
Adjust font size:

China has proved its increasing importance to the world economy by considerably jolting the world financial markets with its first interest rate hike in nearly three years.

The worldwide sell-off, following the announcement by China's central bank on Tuesday that it would raise key rates by a quarter percentage point, clearly revealed global concerns that higher rates could slow Chinese growth and thus impede global recovery. Given their high expectations of Chinese growth as a key driver of the global economy, such a knee-jerk reaction by overseas investors is fairly understandable.

However, such a cursory reading means that, those investors who see it as a sign that China's economic growth will lose steam soon, have significantly underestimated Chinese policymakers' resolution to fight inflation head-on.

If such a domestic-focused effort to thwart inflation can effectively prevent the Chinese economy from overheating, global investors should actually have more reasons to be optimistic about the world economy.

On the one hand, the straightforward effort to fight inflation indicates that Chinese policymakers are more confident about the country's growth momentum.

Though rising consumer inflation has already turned real deposit interest rates negative for months, it is believed that economic slowdown from the first quarter has largely prevented the central bank from increasing interest rates early.

1   2   Next  


Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码