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2010年06月02日 09:21

In China, time to tighten

Economist

Is inflation or deflation a greater threat to the world economy? Should policymakers focus more on structural adjustments or aggregate demand?

In China, time to tighten

He Fan our guest wrote on Jun 1st 2010, 17:20 GMTINVESTORS

in the global market may begin to worry about deflation, but in China, inflation is still the major concern. There are clear signals of overheating. The GDP growth rate climbed to 11.9% in Q1 2010. For a country which has significant surplus labour, China is now facing an acute labour shortage. Remember, the labour market for migrant workers......

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