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Posts Tagged ‘ Chinese Inflation ’

Inflation Rate in China Will Drop with Food Prices

May 29th, 2008 | By Contrarian Profits | Category: Featured, Financial News

The inflation rate in China is still the country’s main economic worry. But don’t expect much in the way of monetary policy from China to curb inflation, according to a report by Thomson Reuters.

Although inflation is skirting a 12-year high, it has been in the mid-8 percent range for a few months, and Beijing thinks salvation may be at hand with food prices on the wane.

Tags: china, China Monetary Policy, Chinese Inflation, Emerging Markets, Food Prices, Global Inflation, Global Recession
Posted in Featured, Financial News | Comments2008-05-29+16%3A26%3A39Contrarian+Profits

Earthquake Will Boost Chinese Inflation Rate

May 21st, 2008 | By Contrarian Profits | Category: Featured, Financial News

The recent devastating earthquake in China will push record food prices in the country even higher. However, experts say the earthquake will not slow economic growth.

“There will be less supply of pork, less supply of rice,” said Sun Mingchun, a Hong Kong-based economist at Lehman Brothers Holdings, speaking to Bloomberg. “It’s not causing supply to decline drastically but it is definitely less. The impact on inflation is more than its impact on growth.”

Tags: china, China Tech Stoks, China Techfaith Wireless, Chinese Inflation, Chinese Stocks, Emerging Markets, Food, Food Prices, Qiao Xing Mobile Communication, Wen Jiabao
Posted in Featured, Financial News | Comments2008-05-21+15%3A12%3A52Contrarian+Profits

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