CLSA sees spectre of inflation emerging from China
For years, inflation has been plugged up in China, but CLSAÆs Jim Walker warns the honeymoon could be over.
Caught between spiralling commodity prices and collapsing profit margins, China will likely become an exporter of inflation, indicated CLSAÆs top-rated China economist Dr Jim Walker on Monday.
As US consumers experience prices rises in Chinese imports for the first time in their lives, US bond market would be spooked, and the result could be a crash in first US and then global equity markets, he told the CLSA China conference in Shanghai.
Walker said that the situation in current...
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