China to face a challenging first quarter in 2012

Note: This section contains information in English only.
Source: Bloomberg

Chinese Prime Minister Wen Jiabao suggested the business environment may become relatively tough in the first quarter of 2012 and the monetary intervention is likely to be needed. Wen predicted a slowdown amid accelerating price inflation in the first three months of 2012. Barclays Capital's economists forecast Chinese central bank may lower further reserve requirements for commercial banks. 

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