Wen Jiabao, the Chinese premier, put tackling inflation at the top of the policy agenda on Sunday and suggested that the survival of Communist party rule might depend upon it.
Mr Wen insisted that inflation must be managed while maintaining rapid economic growth and carrying out state-led economic restructuring, a goal that he conceded would be “extremely difficult”.
Many Chinese officials and experts believe double-digit inflation was a leading cause of the public discontent that spilled over into student-led protests in the spring of 1989 and ended in a bloody military crackdown centred on Beijing’s Tiananmen Square. At the time, Mr Wen was a mid-ranking official in the central government.
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