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  1. In excess

    Posted Apr 22nd 2009, 12:00am by James Dorn

    ... of slightly more than 6 per cent poses a significant inflationary risk if the People's Bank of China (PBOC) does not put on the brakes later this year. Once the inflationary genie is out ... are significant. Monetary mischief and artificially low interest rates could lead to a large misallocation of credit and an increase in non-performing loans. The PBOC's easy money policy risks ...

    http://www.scmp.com/article/677588/excess

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