PBOC adviser: Inflation, asset bubbles worrying

BEIJING, Feb 1 (BestGrowthStock) – Inflation and asset bubbles are
the biggest worries for the Chinese economy, a central bank
adviser said on Monday.

Fan Gang, the only academic member of the People’s Bank of
China’s monetary policy committee, told a forum that China needed
to address the problem of excessive liquidity and expressed
confidence that financial market had picked up the correct
signals from the central bank’s recent monetary moves.

Penny Stocks
(Reporting by Zhou Xin and Farah Master; Editing by Jonathan
Hopfner)

PBOC adviser: Inflation, asset bubbles worrying