Dong Xiucheng: depreciation of the dollar must inevitably to tolerate inflation in China.

<p STYLE="MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; TexT-ALiGn: center; mso-layout-grid-align: none" ALIGN="center"> <b .STYLE = "mso-bidi-font-weight: normal"> China must tolerate inflation "TITLE =" Dong Xiucheng: <wbr> inevitable depreciation of the dollar trends in China must tolerate inflation "/> </ P> <p STYLE =" MArGin .: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; TexT-ALiGn: center; mso-layout-grid-align: none "ALIGN =" center "> <b STYLE =" mso-bidi .-font-weight: normal "> Dong Xiucheng: depreciation of the dollar must inevitably to tolerate inflation in China </ P> <p STYLE =" MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; .TexT-ALiGn: center; mso-layout-grid-align: none "ALIGN =" center "> 2010 年 10 月 20 / and the News Network </ P> <p STYLE =" MArGin: 0cm 0cm 0pt; LAYoUT-GriD .-MoDe: char; Line-HeiGHT: 150%; mso-layout-grid-align: none "> <wbr> </ P> <p STYLE =" MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line .-HeiGHT: 150%; mso-layout-grid-align: none "> and two years after hearing the message, the world once again caught in the inflation panic. in the central banks have started the context of quantitative easing measures, a tightening of credit in China alone, and how .coping resources prices + awash with liquidity, inflationary fears? and Information News and Information Review and Finance in China October 19 will be held during 15-17 "after broad based macroeconomic resource prices to" seminar .economists, foreign exchange experts, resource experts to discuss the topic. The following is a guest of China University of Petroleum, Dong Xiucheng part of the Associate Dean of Business Administration to speak the text: </ P> <p STYLE = "MArGin: 0cm 0cm 0pt; LAYoUT- .GriD-MoDe: char; Line-HeiGHT: 150%; mso-layout-grid-align: none "> Dong Xiucheng: I am pleased to have the opportunity to share with you here. just teacher talk about a lot of Wang, I have benefited greatly from .I very much agree with his views. </ P> <p STYLE="MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; mso-layout-grid-align: none"> about macro- .the trend of the economic situation, the financial crisis, including the very important next few years, I am afraid that one word or "uncertainty", this could be our future economic trend observed a vocabulary. First of all, Western countries, such as the United States, Europe, .Japan's three major economies, the overall economy was not out of crisis, the slow recovery are uncertain, because the impact of the crisis and consequences are far-reaching. </ P> <p STYLE = "MArGin: 0cm 0cm 0pt; .LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; mso-layout-grid-align: none "> specific to our China is also uncertain. uncertainty is reflected in the uncertain world economic trends, particularly .the U.S. economy, it will inevitably lead to uncertainty we are not sure, how our economy will in the end? our macro-control policies, tools, in the end the choice is which direction to go, it depends not only China's own situation, we must consider the world economy. .uncertain world, particularly the U.S. economy, we believe that the next few years China is uncertain. Overall, our economic growth will maintain a relatively stable, relatively fast development of comparison, I believe this trend will not change. but at a price ., that is, must tolerate the coming inflation, which is probably no way, this is a choice. </ P> <p STYLE = "MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT .: 150%; mso-layout-grid-align: none "> In addition, the regulation of China's economic policy, to a large extent also take into account the issue of structural adjustment, the Fifth Plenary Session opened over, set the tone for future .five years of development are like this, if we too much emphasis on structural adjustment, may affect our economic growth, among them there is a certain contradiction between. Once the slowdown in economic growth, then to bring the people's livelihood, such as employment, .labor force issues will come out. </ P> <p STYLE="MArGin: 0cm 0cm 0pt; LAYoUT-GriD-MoDe: char; Line-HeiGHT: 150%; mso-layout-grid-align: none"> resource .prices and macroeconomic relationships. recent energy prices, especially oil prices, remaining at 70-80 dollars some time ago between the recent rise to 80 U.S. dollars, and today I looked at is 82-83 dollars .price level. This is not the price level is largely caused by supply and demand, or the old problem - the oil market, the financial-oriented results. the recent turmoil in the international monetary system, dollar, making prices. But the trend of dollar depreciation is inevitable .Therefore, oil and commodity prices is inevitable, once it continue to rise, because a lot of resources, energy imports, inflation, our country is bound to produce a certain pressure, this trend is probably inevitable. (Editor: Cao Yuan water) .</ P>.