According to the National Bureau of Statistics, inflation in China slowed faster than expected in March, coming in at 2.1 percent. Professor Zhao Zhongxiu, vice president at the University of International Business and Economics, shares his view on this slowdown in inflation.
Q1: As we've heard, food prices have risen slower than expected, with the price of pork actually dropping. How much does this have to do with such recent events as "dead pigs found in rivers" and bird flu?
Q2: Now that the Consumer Price Index (CPI) has fallen below estimates, it seems we could be in store for some government stimulus. Do you think we'll see monetary policy loosening up a bit in the near future?
Q3: We've heard some experts saying that food prices make up undue weight in China's CPI calculations, so often times we see CPI moving in lock step with food prices. What's your take on that?
(CNTV.cn April 9, 2013) |