Experts decry risks posed by US stimulus--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
World Bank president David Malpass’ criticism of China’s reluctance to deliver more economic stimulus during the current international slowdown has been rubbished by Chinese economists, who say his criticism is ‘ungrounded’.
Three factors have been driving US inflation – energy prices, production bottlenecks and aggressive stimulus programmes. But as these risks subside in the next two to three quarters, investors cannot afford to be complacent, given high equity valuations and the hot property markets.