Li Ka-shing: Inflation has come and the global economy still faces challenges

BCC, Beijing, March 30 (Reuters)-Li Ka-shing (column) said yesterday (29th) that inflation had already come, and that the European debt problem, the political situation in the Middle East and the impact of Japan's severe disaster, the global economy still faced a lot of challenges.　　Inflation is not yet the most serious period, and he believes inflation will continue. In addition, Li Ka-shing also said that since the 2008 financial crisis, the United States to further implement monetary easing policy, although accelerated economic recovery opportunities, but also pushed up the risk of inflation.　　He predicts the US will not raise interest rates in the coming year.　　Turning to the mainland's economic development, Li Ka-shing said that this year was the first year of the mainland's "Twelve-Five" plan, and that the mainland economy would be balanced and healthier in the long run as the economic growth model continued to be optimized. In addition, Li Ka-shing also said that his company has investment in many provinces and cities in the mainland, and not limited to the real estate industry. He stressed that real estate investment in the mainland is long-term investment rather than speculation, in the mainland has never been hoarding and land resale.