October 17, 2011 10:03 AM
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China Inflation, Factory Output Exceed Forecasts, Add Tightening Pressure
The Chinese government has set a target of 4% inflation for this year. Statistics from February, though, reveal that inflation has already exceeded this target. From Bloomberg News: Consumer prices rose at an annual 4.9 percent pace in February and output increased 14 percent in the first two months of 2011, the statistics bureau said in Beijing. Producer prices jumped 7.2 percent last month, theMarch 11, 2011 4:07 PM
Wal-Mart's China Chief Resigns
A pork scandal forced Wal-mart to shutter more than a dozen Chongqing locations last week, and now its top China executive h
Netizens Respond to Premier Wen’s Pledge to Stabilize Pork Prices
After giving a keynote speech at a World Economic Forum in Dalian, Chinese Premier Wen Jiabao paid visits to several communities,
October 4, 2011 12:09 PM
Chinese Inflation Likely Above 5% in May
The Chinese government has set an inflation target of 4% for the year but it is likely that China’s inflation rate
May 30, 2011 2:33 PM
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