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China's Inflation to Moderate on a Year-on-Year Basis

Wednesday, 11 Jan 2012 | 8:30 PM ET

Jian Chang, China Economist at Barclays Capital, says China's inflation on a month-on-month basis appears to have peaked, but will start to moderate on a year-on-year basis. She adds the RRR cut is not to be viewed as aggressive monetary easing, but as a tool to stabilize liquidity.