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China 2013 inflation may be around 3 percent – central bank

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BEIJING (Reuters) - Inflation in China this year could touch 3 percent, a senior central bank official said on Sunday, compared with 2.6 percent last year. Yi Gang, vice governor of the People's Bank of China, also said the total amount of financing available to borrowers this year in China would be decided by the market, after growth in credit supply shot up in 2012. Reported by Firstpost 7 hours ago.

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