While many developed countries grapple with delationary forces, China faces a different monster: inflation. The problem has cast an ominous shadow over the country, although policymakers have pulled out all the stops to keep inlation at bay. How serious is the problem? And what should the government do to address it? Zhuang Jian, se-nior economics oficer at the Asian Development Bank PRC Resident Mission, sat down with Beijing Review reporter Hu Yue to discuss the matter. Edited excerpts follow:
　　

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