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COPYRIGHT 2008 Asia Pulse Pty Ltd
BEIJING, Jan 31 Asia Pulse - China's government should continue taking measures to prevent "structural price rises" from becoming "obvious inflation", said Wang Yiming, an expert from the National Development and Reform Commission (NDRC), in an article published by Xinhua News Agency.
Wang, vice president of the Macro Economy Research Institute of the NDRC, described recent price hikes as within an "acceptable" range compared with international levels, because it was less than five per cent and other countries had also seen big CPI rises last year.
Surges in the price of staples such as pork, cooking oil and grain since May 2007 lifted the country's...
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