The Best of Chinese Commentators
Which economic uncertainties loom largest?
- Published 28 Jan 2010
Inflation has returned, loans are growing, and stock and property prices abound.
The government's stimulus package did well to lift China out of the economic crisis, but it brought with it some risks, said Zhu Baoliang, chief economist of the State Information Center. Investment replaced exports as the biggest contributor of China's economic growth, bringing with it overcapacity and inflation. Now the government has a tough ride ahead – to put the brakes on growth without crashing the economy.
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