从全球经济大视角看中国政策微调（Look at Chinas policy fine-tuning from a global economic perspective）.docVIP

从全球经济大视角看中国政策微调（Look at Chinas policy fine-tuning from a global economic perspective） Look at Chinas policy fine-tuning from a global economic perspective October 28, 2011 China macroeconomic information network Against the backdrop of a gradual weakening of the global inflation alert, Chinas inflation rate has fallen for two months in a row, but the long-term outlook remains grim and the inflation centre will rise. So while a temporary turnaround may be a respite, tackling inflation will be a protracted war. It is clearly a misreading to interpret fine tuning as a great turn. From a global perspective of Chinas economic and financial situation and the future, in my opinion, the monetary policy of Chinas top send change information, timely and moderately, preset fine tune the eight words can get further interpretation: because of the crisis and transfer, of timely; Adjustment must be micro, meaning moderate. Since the central bank was born, its policy on the menu of the two additional qualifications is economic growth and price stability, although do not have your cake and eat it, but policy makers always strive to seek trend between the balance of each policy adjustment, often corresponds to the seesaw on both ends of the imbalance. This time is no exception. From the global perspective of China, one side is the relative weakening of the growth momentum, while the other side is the long-term shift of the inflation center, and the fine-tuning is the rational choice that the two sides weigh against the trend. On the one hand, the structural comparison between the global economy and the Chinese economy indicates that the adjustment of Chinas monetary policy is imperative. Specifically, the great recession of the global economy has been alarmist, but stagnation seems inevitable. After a sharp deterioration this summer, the European debt crisis has been a bit of a respite this month, with the German governments positive performance in helping Greece calm markets. As exp