Journal Call no. | HD62.15.B477 |
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Article Title | The China retail market. |
Is Part Of | Best practice management ; no.5, Oct 1996, p.48. |
Abstract | The National Retail Price Index, China's benchmark measure of inflation, fell to 5.8% in August 1996. Government officials and economists are now expecting full-year retail price inflation at 7% to 9%. This marks a successfull cooling off of the country's overheated economy after four years of doubled-digit inflation. In the years ahead, China will endeavour to keep its real economic growth at an annual rate of 8%-9%. |