A record 49.2% of respondents to a quarterly People’s Bank of China survey of urban bank account holders said prices were “too high to be accepted”, the Oriental Morning Post reported. Last quarter, just 25.9% of respondents felt the same. The survey, which was conducted in seven major cities including Shanghai, Beijing, and Guangzhou, covers the first quarter of 2008. Inflation soared to an 11-year high 8.7% in ...