Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We …

may be accumulating, and tight prudential standards and fiscal measures will be required to tame price inflation. …

reflecting a large domestic output gap generated by many years of high investment. Inflation varies systemically within China … lower-income provinces. Higher Mainland food inflation also raises inflation in non-Mainland China …Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply …