“In order to avoid the global recession that took hold in 2008, China implemented an aggressive stimulus policy. Credit was made plentiful and the inflation machine kept on chugging. The amount of foreign capital attracted to China’s continued growth helped to push prices of real property higher and higher.” Read more.
Surprise! China Has Inflation Problems…
Llenrock Group
Benzinga, October 20, 2010.
Image by Arvind Balaraman / FreeDigitalPhotos.net.
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