Chinese inflation control
though April, consumer prices rose 2.8%, more willing to interpret the official moderate inflation, but people all know that China's real corporate goods price index released (CGPI) 2 as high as 5.7%, 1-quarter GDP deflator has risen to a 5.4%.
maximum price of the service cost? is a premium, and good prices of many services or weight are totally unrealistic, or simply to not enter the CPI, CPI is the only reason a modest success.
and real estate rose up, and urban cost of living, business costs will go up, forced down wages began to rise. - farm workers the opportunity cost means the cost of rising inflation, which in turn pulling up the farm. the moment we see rapid gains in prices of agricultural products to the city (such as vegetables), the weather is not so much the so-called structural factors, rather than from the logic of nature.
negative interest rates at all levels have been widespread, so that the mismatch of resources and improper investment occurs. As long consumer prices higher than the actual one-year deposit rate savers (just released CPI also exceeded), savers found themselves trapped on inflation fears and the greed for high returns between. the property market bubble blowing by them. raw material prices rose by more than one-year lending rate, the stimulation of enterprise hoarding raw materials, inventory investment will be over commodities bubble blowing.
interest rates has been repeatedly delayed, not the macro policy makers clear has long been a local government will do more than a year to pay 100 billion yuan in interest. banks want more time to delay, suppress the depositors interest rates low, so bad for the possible wave of the future to prepare a more ammunition.
local governments and Bank of China is precisely the moment the most powerful of two parts. This is the interest rate is where the real controversy again.
with the CPI during the next two months will be rushed to a new high, the central bank will raise interest rates mean more or less Then all of a sudden, of course, also nothing more.
Chinese management practice of using micro-instruments (window guidance, orientation control) to manage the macro issues. The Chief is considered to be more efficient than the West of China's economic advantage.
they are superstitious, like low interest rates to subdue asset bubble. by administrative means to force some of the needs of the real estate market kick, so were driven into the property market last year, the sixty thousand million all of a sudden there is no disk access will not let you have a quiet The shipping time of your life and life in the real estate in the stuffy, force you to evaporate, or fast or slow.
this money due to the risk of inflation over hair or resolve, but after the brutal, but it is messy. middle-class class suffered a serious setback, and further to the Government gather wealth.
No comments:
Post a Comment