"China's macro-economic measures to rebalance growth are correct, but the question is whether the magnitude or aggressiveness are sufficient enough," Hui said.
Profits at industrial companies accelerated in October for a seventh straight month as steelmakers including Baoshan Iron & Steel Co. boosted prices, the statistics bureau reported Nov. 22. Rising profits may cause business investment to rebound as many companies finance capacity expansion from retained earnings.
China's inflation rate will be "as high as 1.5 percent for 2006," Yao also said at the conference today. Rising prices are a sign that deflation, which has plagued China for years, may be on the wane, he said.
The nation's trade surplus will be more than $150 billion this year, Yao said, without giving a comparison for 2005.

Notes

rebound v.回弹

macro-economic measures宏观经济(调整)措施

magnitude n.大小, 数量

aggressiveness n.积极进取

sufficient adj.充分的, 足够的

straight ad.直接, 一直

Baoshan Iron & Steel Co.宝山钢铁公司

boost v.增加；提高

finance capacity expansion融资能力扩张

retained earnings留存收益
inflation rate通货膨涨率

deflation n.通货紧缩

plague vt.困扰, 使苦恼

on the wane衰减；处于正在衰退或减少的时期

surplus n.盈余