The leap in inflation is deeply worrying for Beijing because of its disproportionately high impact on low income earners and its potential in a worst-case scenario to spark a run on bank deposits.

• 通胀率的跃升令中国政府深感忧虑，因为它对低收入者的影响相对更大，并且在最糟情况下，还有可能导致对银行储蓄的挤兑。