China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser
AdvertisementChina inflationEconomyChina EconomyChina has ‘room’ for imported inflation, but economic risks rising: PBOC adviserAs US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying
2-MIN READ2-MIN ListenXinyi Wuin BeijingPublished: 9:00pm, 31 Mar 2026China has sufficient leeway to cope with imported inflationary shocks from Middle East instability, a monetary-policy adviser to the People’s Bank of China said, but the country must balance those pressures with economic-growth risks.
Huang Yiping, a member of the PBOC’s Monetary Policy Committee, said that China was already experiencing upwards pressure on prices.
But China’s consumer price index (CPI), a key gauge of inflation, has remained below its official target of 2 per cent in recent years, he noted, speaking at a media briefing in Beijing on Tuesday.Advertisement“Relatively, we have a certain degree of room to absorb or accept impo..
