www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Economy

CPI increase sparks worries

By Xin Zhiming and Wang Xiaotian (China Daily)
Updated: 2010-10-22 09:26
Large Medium Small

CPI increase sparks worries

The central bank raised the interest rate for the first time in almost three years on Wednesday to combat inflation and soak up excessive market liquidity.

In remarks that may provide some insight into the reasons that led the central bank to the hike interest rate, central bank governor Zhou Xiaochuan drew attention to a series of potential pitfalls.

"Macro-economic risks linked to excessive liquidity, inflation, asset bubbles and a cyclical rise in bad bank loans are rising significantly," he said in comments published on Thursday.

He made the remarks at a meeting between the International Monetary Fund and central bankers in Shanghai early this week.

"There is still relatively strong momentum for domestic credit to keep expanding," Zhou said.

Zhou added that the "asset quality and risk-resisting capabilities of the financial industry will face serious tests".

Special Coverage:
China Economy by Numbers
More stories:
CPI increase sparks worries China's GDP grows 9.6% in Q3, inflation picks up
CPI increase sparks worries China's September CPI rises 3.6%
CPI increase sparks worries China's Sept PPI up 4.3%
CPI increase sparks worries Chinese rural, urban residents' incomes rise steadily for Q3
There was a mixed response to the rate hike in global markets with some dropping on concerns that monetary tightening in the world's second largest economy could lead to slower growth, which could affect global recovery.

But the third-quarter GDP data should alleviate such concerns, economists said.

"The data sent a very optimistic signal to the rest of the world that China would secure a GDP growth rate of nearly 10 percent this year," Zhuang Jian, senior economist at Asian Development Bank in China, said.

"We do look for further (interest rate) hikes at some point, if domestic asset prices continue to rise," said Li Wei, an economist with the Standard Chartered Bank. "We still forecast two hikes in the first half of 2011."

Government's measures to cool the housing market as well as the closing of outdated industrial capacity slowed growth, said Zhu Baoliang, a researcher with the State Information Center.

But "the economic performance is generally sound," NBS spokesman Sheng said.

Reuters and AFP contributed to this story.

   Previous Page 1 2 Next Page  

主站蜘蛛池模板: 全免费a级毛片免费看不卡 全免费毛片在线播放 | 性欧美精品久久久久久久 | 看真人视频a级毛片 | 日本护士视频xxxxxwww | 久久亚洲国产精品五月天 | 在线不卡一区 | 国产午夜精品一区二区三区不卡 | 欧美激情第一欧美在线 | 国产精品久久久久久久久久久不卡 | 亚洲免费播放 | 色天天躁夜夜躁天干天干 | 久久怡红院 | 国产精品玖玖 | 欧美一级视频在线观看 | 欧美成人精品福利在线视频 | 欧美黄视频网站 | 欧美一级特黄高清免费 | 成人丁香乱小说 | 欧美成人久久 | 免费在线一区二区三区 | 欧美色操| 国产一区二区播放 | 中文字幕在线播 | 日本女人在线观看 | 日韩一区二区三区在线免费观看 | 高颜值美女啪啪 | 精品日韩欧美 | 无码孕妇孕交在线观看 | 91精品啪在线看国产网站 | 亚洲国产日韩欧美一区二区三区 | a级片在线免费看 | 香蕉久久国产 | 欧美成人精品久久精品 | 国产精品国内免费一区二区三区 | 久久久久久久国产 | 国产精品久久久久久亚洲伦理 | 精品91自产拍在线 | 手机看片毛片 | 亚洲精彩视频在线观看 | 免费看黄色三级毛片 | 91伊人影院 |