China’s 9.7% GDP–No Easy Answer On Inflation

Miscellaneous | eWallstreeter | April 15, 2011 1:51 am

China’s GDP rose 9.7% in the first quarter. The nation’s consumer prices rose 5.4% in March compared to the same month a year ago. The ways to bring down inflation are simple. The yuan exchange rate must change, and China’s banks must tighten loan standards. It is too bad for China that the standard measures [...]

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