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A possible solution to Mongolia’s government debt?

In the quarterly meeting of its monetary policy committee, the People’s Bank of China (PBoC) repeatedly mentioned price stabilization in its policy statement. The trend of inflation in China is not only becoming a restrictive factor for monetary policy to support stable growth, but has also increasing impacted its economic recovery. This has also aroused worry in the market that with changes in the international situation, inflation will exceed the central bank’s 3% policy target, which could trigger passive adjustments in the policy or even hyperinflation in extreme cases.

Despite the spike in global inflation levels, inflation in China has remained relatively stable in recent years without significant fluctuations. Yet, as the international situation changes, what will happen to inflation in China? Will there be a situation of high inflation as in developed countries? As this is not only related to the process of…

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