Different from the official statement that "China's economy is
still on a normal track," Song Guoqing, an economist with the
Peking University's research center, expressed his worries that the
economy is overheated.
At an economic forum yesterday, thirteen top research bodies
include Peking University's China Center for Economic Research,
Citigroup and the State Information Center, predicted that the
consumer price index (CPI), a key gauge of inflation, will rise a
record high of 4.5 percent in the third quarter and another
interest rate hike is likely in the quarter.
?For more details, please read the full story in Chinese
(http://www.morningpost.com.cn/article.asp?articleid=118261).
