Buffered by robust consumption and expansionary fiscal measures , china is optimistic to bring a soft landing to the overheated domestic economy via the new mix of tightening measures 鉴于消费市场发展稳健及扩张性财政措施可起缓冲作用，中国对于采取新一轮紧缩措施促使过热的内部经济软着陆表示乐观。
China ' s consumer price index ( cpi ) rose 7 . 1 percent year - on - year in january , its fastest pace in more than 11 years . analysts forecast the development would mean further tightening measures by the government 中国消费者物价指数一月份同比增长7 . 1 % ，增长速度为11年来最快。分析家预测，这种发展趋势意味着政府将进一步采取紧缩措施。
With gdp and investment growth remaining sturdy , and cpi inflation rising to seven - year highs , the mainland geared up its tightening measure in late october by modestly raising interest rates and removing the interest rate ceiling on bank lending 鉴于内部生产总值和投资增长均保持强劲，加上消费物价指数升至7年高位，内地于10月底加强紧缩措施，将息率稍微调高，并撤销银行贷款息率上限。
Chinese banks and insurance stocks outperformed the overall market , boosted by the anticipation of positive earnings enhancement from the upcoming income tax unification , strong gdp growth outlook and lower expectation of further austerity measures 市场预期所得税即将统一会给盈利带来正面影响， gdp增长前景看好，进一步紧缩措施出台的预期也在降低，诸多因素推动中国银行股和保险股表现超越整体市场。
Certain selected tightening measures have been implemented , including moves by pboc to raise reserve requirements and rediscount rates ( see box below ) , and administrative directives to impose strict land controls and to rein in credit expansion by curbing lending to overheating sectors 部分已实施的紧缩措施包括：人民银行调高存款准备金率(见下表) 、透过行政指令严格控制土地资源，以及收紧对过热行业的贷款，以控制信贷膨胀等。
In the face of what was shaping up to be a long - term decline and losses of $ 56 million , then - ceo and current chairman michael volkema and his team did what many in similar circumstances do : they managed to survive with painful layoffs and cutbacks 面对逐渐形成的长期性衰退状况，以及五千六百万美元的亏损，当时的执行长亦即现任的董事长麦可伏克曼与其团队做了许多处于类似情况下的公司会做的事：采取痛苦的裁员与业务紧缩措施好让公司存活。
However , the effects would be relatively more visible on exports of australia , japan and south korea , as iron and steel products , aluminum and vehicles related products are among their major export items to china , which are mostly closely connected to the affected mainland sectors 中国的紧缩措施对澳洲、日本及南韩影响较为明显，究其原因，是钢铁产品、铝材及汽车相关产品是它们输往中国的主要项目，而这些产品又与内地受影响行业的关系最为密切。
