China Inflation May Reach 4% in 2011, Xinhua Cites Government Economist

China’s inflation rate may rise to 4 percent or higher next year, Xinhua News Agency reported today, citing Zhu Baoliang, chief economist for the State Information Center.

Consumer prices may climb the fastest in the first three months of the year. Xinhua said, citing Zhu. The nation’s economic growth is expected to slow, according to the report.

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