AUTOREFRESH 
China aims to keep inflation to about 3% this year – National Pension Chief
By Gerry Davies || February 8, 2010 at 10:58 GMT
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- M2 money supply will grow by about 17-20% this year
- Loans to stay relatively loose despite central bank adjustments
- China likely to gradually increase bank’s reserve requirements further
- May raise interest rates to fight asset bubble, control inflation
- Rate rise less likely in first half of 2010
- Financial risks and asset bubbles are all controllable
EURGBP loosing steam against 8800 might be a short scalp in it soon
They will make it only if they blow the property bubble away soon and commodities continue retracing
interesting to note that China was and remain one of the potential buyers in gold (though they say they only buy on weakness) and other commodites