China: Inflation alert sparks economy fears

14th April 2011

The reason why this is being taken seriously is that these numbers are so often leaked by someone in the Chinese hierarchy that it is now assumed to be a deliberate policy.

The subject was certainly on their mind as Chinese Premier Wen Jiabao in a speech today promised to make the Yuan (renminbi) exchange rate more flexible to help deal with imported inflation.

SEE ALSO: Chinese economic growth: ‘someone has cut the breaks’

Chinese dragon blows cold breath on Japan's rising sun

 To recieve our free weekly email sign up here.  

Leave a Reply

Your email address will not be published. Required fields are marked *