China prepares measures to contain inflation

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China prepares measures to contain inflation

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11-17-2010, 07:07 PM

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China prepares measures to contain inflation

China’s Premier, Wen Jiabao, has announced his Government is preparing measures to deal with double-digit food price inflation. While no details were provided, measures are expected to include price caps and subsidies. A number of measures have already been introduced by the Government to control prices, such as hiking interest rates – the first time [...]

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