"All these imply that inflation rather than growth is the key macrorisk for China," said Mr Qu.
“这一切都意味着,通胀(而非增长)才是中国面对的关键宏观风险,”屈宏斌表示。
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"Investors are still hedging against an increase in inflation, but fewer are as focused on deflation," says Dean Curnutt, chief executive of MacroRisk Advisors.