当前位置:首页 > Information > Chinese News

ASEAN eyes becoming world class tourist destination

Source:   Time:

China may resort to using monetary tools more frequently this year, in the fight against inflation. Li Daokui, an advisor to the People's Bank of China, says the country will face mounting inflationary pressure in the first quarter of 2011. So, the central bank may adopt more curbing measures to control prices. Li predicts the first interest rate hike of 2011 may come as early as this quarter.

Li Daokui, advisor of PBOC said "The first quarter will see increasing demand for new loans, which will nudge up price levels slightly. Prices may also be pushed up by seasonal causes. But that doesn't mean annual prices cannot be controlled. I believe it's not surprising the central bank might unveil intense policies, such as interest rate hikes, to adjust the price level."

[Relative Articles]

Copyright Reserved 2010 © South-East Asia & South Asia Infoport  | Filing Number:ICP 09005773
Technical Support:China Basalt Software Technology Co., Ltd.