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Dialogue 11/05/01 Special dialogue: Boao Forum for Asia Part 2

05-01-2011 20:52 BJT

 

The whole world is facing the common threat of inflationary pressure. With surging commodity prices and capital overflow, politicians are coming to terms with political repercussions.

The double digit of unemployment rate in the U.S. and its unpopular policy of quantitative easing the weakened disposable income in emerging markets as well as credit expansion in China have threatened to undermine the respective governments. Beijing may lead the global recovery but has to fight the external threat of imported CPI growth.

Economists may not see eye to eye with each other about who has triggered the inflation and what should be done to promote the convincing therapy.

Editor:James |Source: CNTV

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