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Fearful Symmetry; China's Economy
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 401 no. 8760 (Nov. 2011)
,
page 28-29.
Topik:
Inflation
;
Property Values
;
Economic Policy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.69
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
China's efforts to tighten credit have starved the country's small enterprises of badly needed finance, forcing them into the clutches of black-market lenders who charge usurious rates of interest. The housing market is also slowing. Sales fell by almost 12% in October, compared with a year earlier. In response, China's policymakers are easing their macroeconomic grip one finger at a time. Some are beginning to wonder if China's wary policymakers are too cautious. But the truth is that fears about growth are tempered by two other lingering concerns: that inflation might revive and that the property market might catch fire once more.
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