China’s economic growth will be more than 10 percent this year, the Financial News reported, citing Yi Xianrong, a researcher with the Chinese Academy of Social Sciences.
The central bank’s measures have had a limited impact on overly loose liquidity, the newspaper reported, citing Yi. Liquidity may increase consumer prices as well as asset prices, the report said, citing Yi. The Financial News newspaper is published by the People’s Bank of China.
To contact the editor responsible for this story: Bloomberg News at firstname.lastname@example.org