High liquidity may strain anti-inflation measures
By Gao Changxin | China Daily | Updated: 2011-03-15 07:53
|
Masaaki Shirakawa, governor of the Bank of Japan, at a news conference in Tokyo, Japan, on Monday. The Bank of Japan has poured a record amount of cash into the financial system and doubled the size of its asset-purchase plan to shield the economy from the effects of the nation's strongest earthquake on record. Toshiyuki Aizawa / Bloomberg |
SHANGHAI - Japan's record 15-trillion-yen ($183 billion) liquidity injection to shield its economy and stabilize its financial markets from the effects of the nation's strongest earthquake in history will put further pressure on China's efforts to rein in its surging inflation, economists said.
Photo
