cirr
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- Jun 28, 2012
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The Chinese would be extremely unease and unhappy with a CPI of 5%,and would do everything to bring it down even if the measures and policies required lead to a dramatic slow-down in economic growth just when the external conditions are getting worse。
Now the CPI is a low sub 2% and the economy is chugging along nicely at or about 7.6%。Back north of 8% plus in 2013.
If China wanted,it could have let the economy grow much higher than 8% with a corresponding higher level of inflation。
But no。
Vietnam?The Vietnameses are happy with hyper-inflation。I'd say they a very tolerant bunch of people!!!Easy to govern!
Now the CPI is a low sub 2% and the economy is chugging along nicely at or about 7.6%。Back north of 8% plus in 2013.
If China wanted,it could have let the economy grow much higher than 8% with a corresponding higher level of inflation。
But no。
Vietnam?The Vietnameses are happy with hyper-inflation。I'd say they a very tolerant bunch of people!!!Easy to govern!