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PBOC survey shows inflation expectations rising

Updated: 2011-09-15 16:34

(Agencies)

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BEIJING - Inflation expectations among urban Chinese residents rose in the third quarter, according to the results of a central bank survey of 20,000 residents that was published on Sept 15.

The survey also found that residents have become more willing to save rather than invest.

A separate survey of company executives showed they expected credit conditions to remain tight in the rest of the year.