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BEIJING, Feb. 20 (Xinhua) -- Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to 2017.
The IPO is the first exit from an investment for RCIF, established by the Russian Direct Investment Fund (RDIF) and the China Investment Corporation, according to RCIF's release emailed to Xinhua.
Due to Beijing's high prices of residential buildings and strict housing purchase rules, home buyers turned their eyes to small-unit commercial projects for transitional housing and investment.
Tom Orlik, chief Asia Economist at Bloomberg, believes the Fed has put the PBOC in a tricky position. He makes the point that the bank could easily have followed the Fed's lead and raised its own benchmark rates, supporting the yuan and reducing capital outflow, but at the risk of stymieing economic recovery. Standing too firm, on the other hand, would bring the twin risks of a depreciating yuan and renewed capital flight. Instead, the PBOC chose a solution that "makes a lot of sense," leaving benchmark rates on hold and making use of targeted instruments.
OPOLE, Poland, April 25 (Xinhua) -- China's Belt and Road Initiative is an important project with great economic impetus and geopolitical developmental potential, Polish President Andrzej Duda said Tuesday.
来源：资阳报