China’s overheating economy — answers please

Respondents to our web poll are adamant that China’s leaders are not doing enough to control the country’s economy. With few other options, will China float the renminbi sooner than expected to tame inflation?

China’s overheating economy — answers please
China's currency: Will it float? (AFP)

China’s leaders are not doing enough to control the country’s overheating economy, according to our web poll last week.

This is perhaps not a surprising result. Growth of 10.3% in 2010 was frighteningly high and inflation is already above 5%, just as labour shortages are driving wages higher and threatening to kick-start a much broader bout of inflation.

That is the last thing China wants, but the goal of keeping its currency...

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