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China Premier Wen: Hard To Keep Inflation Below 4%, Possible Below 5% [Copy link] 中文

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Post time 2011-6-27 10:55:31 |Display all floors
It will be hard to keep China's inflation rate under 4% this year, but it's possible to cap it below 5%, China's Premier Wen Jiabao said on Hong Kong's Television Broadcasts Ltd. Monday.

China should be able to keep gross domestic product growth(GDP) above 8%, Wen said on TVB in London.
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Gold Medal September's Best Writer 2012

Post time 2011-6-27 10:57:40 |Display all floors
"Like other emerging markets, China now is confronting inflation. So, that means that the policy in China needs to return to a more neutral stance. And, the growth rate, it may slow down a little bit. And that will put a little bit of pressure on the global recovery."

Justin Yifu Lin,
Senior vice president and
chief economist, World Bank
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