This two-volume set looks at the current levels of inflation in China and offers predictions for the near-future. The authors survey the trends of the recent past and use a full range of statistics from the last 10 years to offer a frank assessment of current inflationary policy in China. Reveals the internal causes of inflation by highlighting: • Links between the Flexible Renminbi (RMB) Exchange Rate and Inflation • False Transmission between CPI and PPI • Price Fluctuations of Bulk Commodities and Inflation In an era where the Renminbi is poised to potentially become a globally traded reserve currency, an awareness of the risks of China’s inflationary policy is essential. The series is the invaluable works on this vital topic for those doing business in China today.