Развивается ли китайская экономика слишком высокими темпами?

Экономика Китая росла такими поразительными темпами – 9,5% в год по состоянию на конец второй четверти 2005 года – что это событие является поводом для чествования во всем мире, и источником вдохновения для всех развивающиеся стран. Но не теряет ли Китай контроль над ситуацией?

С того момента как Ху Цзиньтао стал президентом в 2003 году, он уже несколько раз предупреждал, что экономика Китая перегрета, и его правительство в последнее время действовало соответственно, поднимая процентные ставки в октябре прошлого года, вводя новый внутренний налог на продажи в июне, и ревальвируя юань в июле.

Но заявления о том, что экономика Китая перегрета, по-видимому, все-таки не основаны на наблюдаемой инфляции. И хотя индекс потребительских цен в Китае вырос на 5,3% в год на конец июля 2004 года, эта было обусловлено главным образом всплеском цен на продукты питания, а инфляция, как до этого, так и после, была пренебрежимо мала.

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