Tag: China stock market

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China Inflation Hits New 3-Year High

China’s newly released July inflation index reveals a three-year high, coming in at 6.5%, up from 6.4% in June. From Forbes: China is not winning its inflation fight and that could mean a return to monetary tightening in the months ahead. China is the world’s steam engine at the moment, and any additional pressure to slow the economy could lower global growth estimates going forward. China’s cor