European Central Bank President Jean-Claude Trichet Wednesday said he's confident that China's monetary authorities will be able to control asset-price inflation linked to the country's rapid economic growth. "I am confident that China, and in particular its central bank, will handle this issue [of asset-price inflation]," Trichet said at a lecture sponsored by the Monetary Authority of Singapore. Trichet said asset-price inflation comes with the strong economic growth currently seen in several countries in the region beside China. "Asian economies including China are growing very rapidly, which will help global growth," Trichet said.