November 14, 2003 Three experts
Liu Wei, Dean of Peking University:
price is a good thing in terms of policy or the role of the natural cyclical market, China commodity prices are still rising. This species of rose is the economy began to recover, to a new round of an important symbol of prosperity, it is not a terrible thing
Peking University's China Center for Economic Research Professor Song Guoqing:
Song Guoqing said that the last deflation, is the Government's policy failures caused by high real interest rate at the time In 1998, the real deposit interest rate is 8%, real interest rate on loans is 10% or more. any such economies to withstand the destruction, and therefore occurred severe deflation.
Macroeconomic Research Institute of National Development and Reform Commission Economic Operation and Development Research Office Wang Xiaoguang:
food prices ease the (November 14, 2003 third edition)
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