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Thread: Will Inflation occur in China?
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[quote=LEOPOLD219,243909]The food price is increasing, house price is also skyrocketing and the stock market has exceeded 5000 mark point. Meanwhile, as the barometer of the ecomony, the CPI index in July grew 5.6%. The PPI, a measure of infation slowed down 1% in July. Seeing these data, what do you think of China's economy? Grow rapidly and healthily or become overheating. The central bank of China admits that China's economy is overheated and faces the possible inflation. Thus, it raises the interest rate at the fourth time. The purpose is clear, to curb the inflation. However, it seems that this move does not work well. The stock market has not been affected and people still invest their money in shares. More effective measures are needed. How do you view China's economy? Will inflation occur in China?[/quote]
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