【摘 要】
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The shift of China's monetary policy stance from "moderatelyloose" to "prudent" in 2011 indicates curbing inflation and assetbubbles have become the Central Government's top priority.But is China's bu
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The shift of China's monetary policy stance from "moderatelyloose" to "prudent" in 2011 indicates curbing inflation and assetbubbles have become the Central Government's top priority.But is China's bubble problem short-term or long-term? Is itonly monetary or related to economic structure? Is it the causeof China's economic imbalance or the result? And what kind ofdeep-rooted problems in the macro economy does it reflect?All these questions call for deep thought, said Zhang Monan, aresearcher with the State Information Center, in a recent articlefor The Beijing News.
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