Economics, Econometrics and Finance
8 years ago

China's Economic Growth Faces Decline Amid Inflation Challenges in 2008.

中国经济学人：英文版
How Should China Handle Trade-offs between Growth and Inflation?
张晓晶

Paper Summary

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China can manage inflation and growth in 2008 by keeping inflation in check despite economic challenges. The country is projected to have a growth rate of 9.4% this year, but growth may slow down in the future. Tightening monetary policy faces challenges like balancing growth and inflation, controlling liquidity, and managing interest rates. Despite these challenges, monetary policy can still have a positive impact, and China should continue with austerity measures.