Burdekin, Richard C. K. - 2000
In the post-1978 reform period the People s Republic of China experienced its most serious open inflationary problems … since 1949-1950. This paper compares the 1949-1950 case to more recent Chinese attempts at inflation control and considers … subsided by the mid-1990s, continuing deficit-spending pressures and weaknesses in China s banking system still pose a very …