{"id":14217,"date":"2007-08-17T12:16:11","date_gmt":"2007-08-17T19:16:11","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/08\/17\/china-says-collusion-by-noodle-makers-partly-to-blame-for-inflation-surge-joe-mcdonald\/"},"modified":"2007-08-17T12:16:11","modified_gmt":"2007-08-17T19:16:11","slug":"china-says-collusion-by-noodle-makers-partly-to-blame-for-inflation-surge-joe-mcdonald","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/08\/china-says-collusion-by-noodle-makers-partly-to-blame-for-inflation-surge-joe-mcdonald\/","title":{"rendered":"China Says Collusion By Noodle Makers Partly To Blame For Inflation Surge – Joe McDonald"},"content":{"rendered":"
From AP via SignOnSanDiego.com:<\/p>\n
The government slammed Chinese instant noodle makers Friday as being partly to blame for a surge in inflation, saying they illegally colluded to boost prices by up to 40 percent in a scheme that has prompted public outcry.<\/p>\n
The report came amid a nationwide probe into whether price-fixing or hoarding by producers is to blame for a 15.4 percent jump in food prices in July over the year-earlier period. The government accused the companies of damaging social stability. [Full Text] <\/a><\/p><\/blockquote>\n