Higher global commodity prices, as well as rising wages in China, play roles in the increasing cost of Chinese goods. But economists say the main reason for the inflation now is China's foreign exchange reserves, which surged by a record amount in the fourth quarter.
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It did mention that the economic recovery was self-sustaining but that higher global commodity prices were a problem.
公报确实提到的是,经济正内生性复苏,但全球商品价格上涨令人忧心。
However, without an accompanying rise in new productive capacity, it also aggravated the inflation pressures from higher global commodity prices.
然而,由于产能没有相应的增长,因而财政刺激也助长了全球初级产品价格攀升所造成的通胀压力。
From the perspective of global economic recovery, higher commodity prices caused by more aggregate demand are good news.
从全球经济复苏的角度来看,由总需求增加造成的高价格是好消息。
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