The mainland's central bank yesterday ordered lenders to set aside more cash as reserves, hours after new figures showed inflation had hit a near-three-year high.Wednesday, 15 June, 2011, 12:00am
Consumer inflation on the mainland eased in April due to moderating food prices. But economists said inflation was still higher than expected, putting pressure on Beijing to raise interest rates and bank reserve requirements to fight price increases.12 May 2011 - 12:00am
The mainland economy grew robustly in the first quarter but drove consumer price inflation to almost a three-year high, increasing the chances of further tightening measures to keep price growth in check.16 Apr 2011 - 12:00am
Suddenly, there is a lot of chatter about the dangers of a return to inflation.
Yesterday, the Census and Statistics Department announced that consumer prices in Hong Kong rose 0.5 per cent over the 12 months to September, the first gain since April.23 Oct 2009 - 12:00am
The fallout of the high cost and low availability of housing finance triggered by the United States subprime mortgage crisis, coupled with increasing inflation and further rises in interest rates, has heralded an end to the boom in global residential markets.25 Jun 2008 - 12:00am
'Ladies and gentlemen, good afternoon. It is my great pleasure to be here today. This is my first visit to Slovenia, but I already know it will not be my last.'
Financial Secretary John Tsang Chun-wah
Speech in Ljubljana, Slovenia, May 2628 May 2008 - 12:00am
Hong Kong is experiencing the highest inflation rate since the handover with food prices rising the most. The price of fresh pork has gone up by more than 50 per cent, and there are reports of families stocking rice and cooking oil fearing a dramatic price rise. Despite a good year for salary increases, a high inflation rate means that in real terms people have not experienced a pay rise.26 Apr 2008 - 12:00am
With the mainland economy steaming ahead despite a looming global recession, Beijing is expected to refocus its attention on monetary tightening to curb soaring inflation.
But economists warn that policymakers need to ensure they do not step on the brakes too hard or it could lead to a bruising slump.17 Apr 2008 - 12:00am
For the clearest sign of the rapidity of economic change engulfing the mainland, turn to Premier Wen Jiabao.10 Mar 2008 - 12:00am
The People's Bank of China may have to rethink its commitment to tighten monetary supply, in the wake of the US Federal Reserve's aggressive slashing of its key rate in an emergency meeting on Tuesday.24 Jan 2008 - 12:00am
High-profile economic officials say the rising Consumer Price Index is caused by structural problems in the mainland economy and inflation is less likely to spread across the economic spectrum.13 Dec 2007 - 12:00am
CPI hits 6.9pc, raising fears over economic impact
The mainland's inflation rate hit an 11-year high last month, strengthening the case for further economic tightening as concerns rise that sharp increases in food prices could spread to other sectors of the economy.12 Dec 2007 - 12:00am
Economic growth is predicted to slow next year while external factors will fuel inflation in the city, according to the secretary for financial services and the treasury.7 Dec 2007 - 12:00am
When the 17th Communist Party congress convenes next month, President Hu Jintao will be confronted with some serious challenges. Foremost will be to ensure steady economic growth and price stability. Inflation is now at a 10-year high, reaching 6.5 per cent last month, as measured by the consumer price index (CPI).28 Sep 2007 - 12:00am
'So help me out, and repeat after me our new mantra: Low inflation! Low inflation! Low inflation!'
John Tsang Chun-wah
Speech, Sept 12
I bring to you'
Jake van der Kamp14 Sep 2007 - 12:00am