Chinese Economy Grows 9.7%,
Inflation rises 5.4%
April-15-2011--BEIJING:
China's economy grew a more-than-estimated 9.7% in the first quarter and inflation accelerated in March
to the fastest pace since 2008, adding pressure for more monetary tightening.
China may boost reserve requirements for lenders for the fourth time this year
to drain cash from the fastest-growing major economy,
Video: Chinese inflation continues to rise
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