Increased currency flexibility would allow China’s central bank to use monetary policy to enhance China’s financial and price stability. As Premier Wen Jiabao recently emphasized, China must now undertake comprehensive measures to control mounting inflation, growing asset bubbles, and an overheating economy.
在中国通货膨胀风险正在上升之际，一个更为灵活的货币现在尤其重要。提高货币灵活性将会让中国的中央银行利用货币政策来增强中国的金融和价格稳定。正如温家宝总理最近强调所言，中国必须实行全面措施控制上涨的通货膨胀、日益增大的资产泡沫以及过热的经济。我们也持有同样的关注。