A vendor packs food for a customer at a market in Jiujiang, Jiangxi province. China’s headline consumer price rises are only 2.5 per cent up from a year ago, while core inflation remains subdued at 1.8 per cent. From an inflation standpoint, there is nothing stopping another major monetary push. Photo: Reuters
Opinion
Opinion
Macroscope
Why China should not fear the bogeyman of inflation
- David Brown says there’s no reason for Beijing to hold back from doing what’s necessary to boost its economy when the inflation outlook is tame and monetary growth modest, amid a soft global economy
A vendor packs food for a customer at a market in Jiujiang, Jiangxi province. China’s headline consumer price rises are only 2.5 per cent up from a year ago, while core inflation remains subdued at 1.8 per cent. From an inflation standpoint, there is nothing stopping another major monetary push. Photo: Reuters