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 Eagle Summit Corporation Prepared As China Set to Dampen Commodity Prices- Eagle Summit Corporation Prepared As China Set to Dampen Commodity Prices
- March 11, 2011
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Maintaining price stability had always been a priority of China's economic development as excessive increases in consumer prices would not only affect people's lives, but also disrupt social stability, he said.
Chinese Premier Wen Jiabao recently announced that he would not allow consumer prices to rise unchecked. Premier Wen made the remarks in an on-line chat with the public when answering questions concerning rising prices.
Maintaining price stability had always been a priority of China's economic development as excessive increases in consumer prices would not only affect people's lives, but also disrupt social stability, he said. China's consumer price index (CPI), a major gauge of inflation, ro...
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