Adoption of quantitative tools necessary to tackle inflation.

By bne IntelliNews August 31, 2011
China's economy is still under the spell of increasing inflation and adoption of quantitative tools or increasing interest rates are necessary in order to tackle inflation. As reported by Xinhua China Money, Xu Xiaonian, a professor at China Europe International Business School stated that the country is still suffering from rapidly growing inflation owing to excessive money supply in the economy. The country's Consumer Price Index (CPI) increased 6.5% in July this year, leading to a three-year high inflation rate during the same period. Thus, correcting the actual negative interest rate is the only solution to tackle inflation.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss