China's Wen says inflation top priority, more tightening seen
SHANGHAI/BEIJING: Fighting inflation remains the top priority for the Chinese government and Beijing will maintain its current economic poicy, Premier Wen Jiabao said in comments published on Monday, July 11, reinforcing the case for further policy tightening.
Wen's comments followed official data last Saturday that showed annual inflation in June hit a three-year high of 6.4%.