China Inflation
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China Eyes 5 Per Cent Growth Despite Trade War
Beijing has announced measures in retaliation for Washington's latest tariff hike -- and vowed it would fight a trade war to the "bitter end".
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China's inflation jumps to 3-year high
China's surging inflation accelerated to a three-year high in June even as the overheated economy began to cool.Consumer prices rose 6.4 per cent over a year ago, a sharp jump from May's 5.5 per cent rate, data showed Saturday. It was driven by a 14.4 per cent rise in politically volatile food costs, up from 11.7 per cent in May."This far exceeds e...
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Inflation in China is rising at a fast pace
For K K Lam, a 37-year-old accountant in Guangzhou, inflation means higher prices for pork and for vegetables like bok choy.For Allen Dong, the sales manager for a home appliance manufacturer 700 miles to the northeast in Ningbo, inflation means trying to persuade retailers to pay more for dehumidifiers so his company can cover rising costs for wag...
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China Eyes 5 Per Cent Growth Despite Trade War
Beijing has announced measures in retaliation for Washington's latest tariff hike -- and vowed it would fight a trade war to the "bitter end".
-
China's inflation jumps to 3-year high
China's surging inflation accelerated to a three-year high in June even as the overheated economy began to cool.Consumer prices rose 6.4 per cent over a year ago, a sharp jump from May's 5.5 per cent rate, data showed Saturday. It was driven by a 14.4 per cent rise in politically volatile food costs, up from 11.7 per cent in May."This far exceeds e...
-
Inflation in China is rising at a fast pace
For K K Lam, a 37-year-old accountant in Guangzhou, inflation means higher prices for pork and for vegetables like bok choy.For Allen Dong, the sales manager for a home appliance manufacturer 700 miles to the northeast in Ningbo, inflation means trying to persuade retailers to pay more for dehumidifiers so his company can cover rising costs for wag...
