1.0TheBizSense Viewshttps://www.thebizsense.com/viewsrich600338<blockquote class="wp-embedded-content" data-secret="a6cEWzlz3C"><a href="https://www.thebizsense.com/views/foreign-money-not-welcome">Foreign money not welcome</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.thebizsense.com/views/foreign-money-not-welcome/embed#?secret=a6cEWzlz3C" width="600" height="338" title="“Foreign money not welcome” — TheBizSense Views" data-secret="a6cEWzlz3C" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.thebizsense.com/views/wp-includes/js/wp-embed.min.js /* ]]> */ </script> https://www.thebizsense.com/views/files/2011/03/clsa.448.jpg448200CLSA-Pacific’s economics team estimates that this year inflation will rise to 7 per cent in China (compared to 3 per cent last year) and 9 per cent in Indonesia (from 5 per cent). Next year they estimate inflation will hit 10 per cent in the Philippines and 8 per cent in Thailand. However, in many emerging economies central banks are unwilling to increase interest rates through fear that that will attract even more of the unwelcome foreign hot money that puts upward pressure on their currencies. They are suffering from importing the infection of the US’s low-interest and money-printing policy.