deputy governor

Industrial Production Slows in China, Inflation Rises

An industrial area as seen from the Western Mountains on Sept. 13, 2012 in Beijing, China. In September, China’s CPI increased 1.9 percent over last year. (Lintao Zhang/Getty Images) China’s stagflation, that is, high inflation and low growth, may create social turmoil if it drags on, accordin...

Rippling fallout from Diaoyu issue imperils world trade

The fallout from the Diaoyu Islands will have global economic consequences, experts said, as the International Monetary Fund downgraded its world outlook. Concerns grew after four State-owned banks, including the Industrial and Commercial Bank of China, the world's largest lender by market value,...