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Dialogue 10/11/16 Global inflation looming larger

11-16-2010 20:55 BJT

The media are bombarbing comsumers with sensational headlines about China's consumer inflation rate of 4.4% for October, and a 10% rise in food prices is having a huge impact on poorer households.

The skyrocketing housing prices, and the hefty prices of food and energy threaten to cause panic. This is a serious political issue for the Chinese leaders who vow to oversea a process of delicate and profound economic restructuring in the wake of the financial crisis.

What are the driving forces behind the expansion of money supply and the CPI hikes? Can the central bank curb the spirals?

Moderator: Yang Rui

Moderator: Yang Rui

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