China’s Zhou not flustered by higher-than-forecast inflation

zhou-and-trichet-resize

Zhou Xiaochuan, the governor of the People's Bank of China (PBoC), on Sunday stood firm on the central bank's rate strategy despite inflation data published last week that triggered alarm in some quarters.

Speaking to reporters following the conclusion of the National People's Congress, the country's annual legislative session, Zhou said the February consumer price index had been "a bit higher than our forecasts, but not much higher." "We can still act according to our plans," he added, signalli

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: