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China is behind the curve on inflation

Posted By Prieur du Plessis On April 29, 2011 @ 9:40 am In China,Economy | No Comments


Jim Walker, founder and CEO of Asianomics, believes China needs to hike interest rates by another 250–500 points to battle surging inflation.

Source: CNBC [1], April 27, 2011.

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[1] CNBC: http://video.cnbc.com/gallery/?video=1900694662

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