China rate hikes forecast in third quarter
Analysts at Citi are forecasting a 3.7% year-on-year rise in China consumer price inflation for 2010, triggering likely rate hikes beginning in the third quarter. Andrew Barrett, head of equities for the bank's Asia-Pacific wealth management division, offers his views.
For Asia, it is not a question of if we will see rising inflation, but when. Central banks are likely to be defined this year by their ability to remove liquidity from the system without disrupting the fragile economic recovery.
However, given the massive amount of stimulus that remains
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