The increase in headline inflation in mainland China calls for additional monetary tightening measures, said Hans Genberg, an executive director of the Hong Kong Monetary Authority.

In a recent speech on macroeconomic developments in China, Genberg said that much of the increase in inflation in the past two years was a result of high food prices. However, there were also signs that more generalised inflationary pressures were building. Under such circumstances, the methods the People's Bank of