'Soft landing' signs
Source: Xinhua |
December 18, 2010, Saturday
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Print Edition
Print Edition
The Chinese economy is showing signs of a "soft landing" and it is likely the government will be able to keep inflation at a "reasonable" level next year, Liu Mingkang, chairman of the China Banking Regulatory Commission, said yesterday.
Liu said that with the continuing effect of the government's macro-control policies, China's economy is back on track to grow steadily.
"But now it is increasingly difficult for us to keep our domestic economy on course of steady development under the impact of a flood of global liquidity and arbitrage by international capital," Liu told a financial forum in Beijing.
Liu said that with the continuing effect of the government's macro-control policies, China's economy is back on track to grow steadily.
"But now it is increasingly difficult for us to keep our domestic economy on course of steady development under the impact of a flood of global liquidity and arbitrage by international capital," Liu told a financial forum in Beijing.
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