Wang, 59, and Zhou Xiaochuan, 60, who economists say is likely to keep his job as central-bank governor, will need to tame inflation that is at an 11-year high without triggering a sudden slowdown. Their task is complicated by the prospect of weaker global demand this year for exports, a main driver of the world's fourth-biggest economy.
``China's concerns are going to shift from the economy being too hot to potentially becoming too cold,'' said Donald Straszheim, vice chairman of Newport Beach, California-based Roth Capital Partners. ``We'll see an end to the interest-rate hikes, an end to bank reserve requirement hikes, and I believe we'll also see an end to the appreciating currency.''
http://www.bloomberg.com/apps/news?pid=20601109&sid=aOnRN1mxJ0co&refer=news
``China's concerns are going to shift from the economy being too hot to potentially becoming too cold,'' said Donald Straszheim, vice chairman of Newport Beach, California-based Roth Capital Partners. ``We'll see an end to the interest-rate hikes, an end to bank reserve requirement hikes, and I believe we'll also see an end to the appreciating currency.''
http://www.bloomberg.com/apps/news?pid=20601109&sid=aOnRN1mxJ0co&refer=news