China Growth Stocks

[viking86]

I wouldn't mind another 1/4 point raise like last month to settle the issue. The market may dip for a day or two on that news but will shrug it off like last time. It's the uncertainty whether it will be raised or not that kills the market. Note that both Hu and Wang are high-ranked officials so it seems the inflation is really not that bad.


Hu Xiaolian, deputy governor of the People's Bank of China, said that the country's short-term inflation pressure is not so bad.

The central bank will continue to monitor the market and implement more flexible measures to stabilize the prices, and hasn't ruled out the possibility of increasing the interest rates again, she said.