Chinese economy faces double risks: Report

Updated: 2011-05-23 17:01

By Cai Muyuan (chinadaily.com.cn)

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A Peking University research center released China's Economic Growth Report 2011 on Saturday, the Economic Information Daily reported.

According to the report, China's current macro-economy is imbalanced. The findings suggest China faces inflationary pressures and weak growth.

According to the report, preventing stagflation – sluggish economic growth coupled with a high rate of inflation and unemployment – is critical in controlling the current imbalance.

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