摘要
Though total demand has not yet recov- ered substantially and the monetary policy maintains neutral, we should not conclude that the Chinese economy is in stagflation. It is very unlikely that the Chinese economy will suffer stagflation this year.
Though total demand has not yet recovered substantially and the monetary policy maintains neutral,we should not conclude that the Chinese economy is in stagflation.It is very unlikely that the Chinese economy will suffer stagf lation this year.Since the consumer price index(CPI)rose above 2 percent,there were views that the Chinese economy will enter stagflation.In January,the CPI and producer price index(PPI)both rose much faster than
