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Looking Ahead: Overheating in 2008

In anticipation of more international conflicts, Xinhua publishes the focus of macro government policies for 2008 that include the following among others:

· Prevent overheating of economy through a variety of monetary and fiscal policies.
· Adjust structure of import and export to reduce trade surplus and avoid becoming the focal point of conflicts.
· Tighten cross-border capital flows and management.
· Promote real estate property tax reform.

Source: Xinhua, February 3, 2008
http://news.xinhuanet.com/fortune/2008-02/03/content_7559492.htm