China is considering a package of price controls and other measures to contain inflation which rose sharply last month and has become the principal risk to the economy.
The National Development and Reform Commission, China’s main economic planning body, is putting together a “one-two punch” of policies to limit food inflation, state media reported on Tuesday, in a sign that debate is stirring over how to tackle rising prices.
Several main cities in China have announced plans to try to cap food prices, while two officials in Beijing also confirmed this week that the government was looking again at price controls.
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