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The surge in international capital inflows and the remarkable excess liquidity in China between 1997 and 2007 are examined in the present paper. It is shown that China's improved position in terms of foreign exchange purchases, ignited by huge foreign capital inflows, has effectively induced excess liquidity in China. More importantly, by developing an econometric model for inflation and excess liquidity, the present study demonstrates that excess liquidity has imposed significant pressure on inflation in China over the past 10 years. This finding suggests that excess liquidity in China has not only contributed to the rise in stock prices and the real estate market boom, but also affected the consumer goods market. The potential transmission mechanism of liquidity-driven inflation and policy implications of the findings of this study are discussed. Copyright (c) 2008 The Authors Journal compilation (c) 2008 Institute of World Economics and Politics, Chinese Academy of Social Sciences.

To study whether there was an anti-cardiac myosin antibody (AMA) in serum of patients with myocardial infarction (AMI), relationship between AMA and the prognosis in patients with AMI was investigated. In 67 patients with acute AMI, AMA was assayed by ELISA and left ventricular structure and cardiac function were examined by echocardiography at the end of the first week after infarction and during a 6-month follow-up. The patients with AMI were divided into AMA-positive group and AMA-negative group. The parameters of left ventricular end-diastolic function and prognosis were compared between the two groups. Results showed that the AMA was positive in 18 patients with AMI, with a positive rate of 26.87%, while it was negative in 20 health donors. The locations of myocardial infarction in the two groups were similar. There were significant differences in Killip class I (22.22% vs 55.10%, P < 0.05), decreasing of wall motion and ventricular aneurysm (92.85% vs 37.5%, P < 0.01) between the positive group and the negative group. During a 6-month follow-up, the mortality was higher in AMA positive group than in AMA negative group (38.89% vs 10.20%, P < 0.05). It is concluded that AMA can be detected in serum of patients with AMI and can serve as an important autoimmune marker. The autoimmune response might take place in AMI. AMA was associated with the left ventricular remodeling and the prognosis of AMI.

Electrolyte as one of the major components in dye sensitized solar cells (DSSCs) plays an important role in dye regeneration and as the inner charge carrier transport between electrodes. Gel polymer electrolyte is a potential alternative to liquid electrolytes which suffer of leakage and solvent evaporation. In this present research, functionalization of chitosan by the quaternization reaction of chitosan with iodopropane forming tripropyl chitosan iodide is proposed for the preparation of gel polymer electrolyte. Tripropyl chitosan iodide was characterized by nuclear magnetic resonance spectroscopy (NMR), Fourier transform infrared spectroscopy (FTIR) and thermogravimetric analysis (TGA). Four different polymer electrolytes were tested at different compositions in presence of iodide/triiodide redox salt and imidazolium ionic liquid in DSSCs configurations. The results show that the gel polymer electrolyte containing the tripropyl chitosan iodide in presence of 1-propyl-3-methylimidazolium iodide ionic liquid showed better performance with power conversion efficiency of 0.415% as compared to the gel polymer electrolyte film without ionic liquid with power conversion efficiency of 0.075%. The results shown the synergistic effects of the polycationic tripropyl chitosan iodide with the ionic liquid 1-propyl-3-methylimidazolium iodide on the photovoltaic performance.

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