Wu Jinglian old man at the Boao Forum's remarks should alert! But Mr. Wu was the last ...

 Asset price inflation and the economy is facing a double risk of inflation can be said to be a short-sighted.
the use of such thinking to analyze the current economy should be a short-sighted, even a misleading, easily lead to unrealistic national policy decisions.
the first characterization of the financial crisis is due after a series of important financial and balance sheet debt crisis caused the collapse, so we all   their own pockets, a severe shortage of liquidity sudden, serious shortage of market demand. In order to cope with short-term problem, countries are increasing liquidity, replaced with a government credit private credit. But when the liquidity crisis and credit shortage is just a temporary phenomenon, it is precisely the source of the original asset leverage, currency before the crisis over hair, awash with liquidity.
when the financial crisis and liquidity shortage is only temporary phenomenon, which is the original source of leveraged assets, the currency before the crisis over hair, awash with liquidity. issued after the crisis, national macroeconomic authorities are usually short-term expansionary policies immediately by injection of liquidity to maintain economic operation and to prevent market collapse; will try to improve the operation mechanism of the economy, and careful to take the furnace, a restored confidence in the market situation, choose the government stimulate the economy from the exit. and national emergency measures, when they formed short-term policy and the conflict between long-term goals.
over China's macro economy was the result of currency issued, is awash with liquidity and asset bubble problems, fundamentally speaking, is because by taking a resource inputs and net exports ( surplus) pull the extensive mode of economic development. short-term economic policy can not solve the long-term growth in China's economic problems. only focus on short-term economic policy, with a rescue injection of liquidity to the neglect of long-term solution to the problem will affect the Chinese economy long-term stability. mess, others in the time bomb. Therefore, we must work up the attention and efforts towards long-term growth problems, the shift of economic development, promote the optimization of economic structure and efficiency and so on.
there are also long-term development of China and the contradiction between short-term development . financial crisis, the Chinese government to take decisive measures to inject liquidity into the extraordinary size of the market. recovery. now generally accepted that in 2009 China's economy has gdp growth ; double dip four prescriptions,