Tuesday, February 15, 2011

Inflation warning: China

"... China's public is struggling with a monthslong surge in food prices that has defied government efforts to combat inflation with interest rate hikes, price controls and a campaign to boost vegetable and grain output..."
Full text
Comment: China's economic miracle is partly built on sand and what is solid and what is not will be exposed when the central bank finally hits the brakes.

No comments:

Post a Comment