Summary
CHINA is facing rising inflation amidst an economic slowdown. How much should we worry?
CHINA'S ECONOMIC DATA released on Aug 11, 2010 shows more evidence that the world's fastest-growing economy continued to grow in July. Meanwhile, the consumer price index (CPI), a main gauge of inflation, hit a 21-month high due to a food price hike boosted by widespread flooding across the mainland.See the full content of this document
Extract
Losing Steam?
Besides CPI, other economic indicators such as fixed-asset investment, factory output, foreign trade, loans and housing prices, all saw a slowdown in July compared to previous months. Along with...
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