- China's Top Think Tank Proposes CPI Target Hike
China’s CPI is likely to peak in the third quarter this year, and decline from the fourth quarter until the first half of next year, while go up again since the third quarter in 2011.
- Global Inflation to Occur in 2011: Bank of China
Emerging markets, especially, would see a substantial rise in inflationary pressure, which would make them further tighten monetary policy and strengthen the flexibility of exchange rate when necessary.
- The Renminbi Goes Forth
The large welfare losses due to the evaporation of the value of China’s foreign-exchange reserves will be borne by society as a whole – but not immediately.
- Disputed Island Tests Chinese Diplomacy
Territorial dispute is not only a matter concerning with sovereignty, but also a diplomatic issue. Talks over the disputed Diaoyu Islands would be the best policy for both countries while testing China’s wisdom in diplomacy.
- China's GDB to Issue 50Bln Yuan Sub Debt in 2010
The 50 billion yuan sub debt issuance is part of its management planning for the year 2010-2012, aiming to replenish capital and push forward the process of its planned listing on a stock exchange.